Mark Weintraub's questions to Weyerhaeuser Co (WY) leadership • Q1 2025
Question
Mark Weintraub asked for the expected financial impact of the Q2 OSB maintenance, clarification on the recovery from the $11 million Q1 EWP fire, and whether the low Q1 tax rate implied strong optimism for the Wood Products business for the full year.
Answer
CEO Devin Stockfish stated the OSB maintenance impact would be minimal, with operating rates remaining in the low-to-mid 90s. He confirmed the $11 million EWP fire impact was isolated to Q1 and that most of the lost volume would be recovered throughout 2025. He also affirmed that the low tax rate reflects the projected earnings mix between the REIT and the TRS, with the latter being heavily influenced by the Wood Products business, suggesting a solid year is still anticipated.