Zack [indiscernible] for Jeff Stevenson's questions to Boise Cascade Co (BCC) leadership • Q1 2025
Question
Zack, on for Jeff Stevenson, asked for more color on the LDL volume outlook for the remainder of the year and whether the company was still gaining share. He also inquired about the confidence in achieving a sequential improvement in BMD EBITDA margins to 5% or higher in Q2.
Answer
COO Jeff Strom noted that LDL volumes are starting to outpace production, leading to inventory drawdowns, and the company still expects a seasonal bump. CFO Kelly Hibbs expressed high confidence in improving BMD EBITDA margins, stating that the March margin was already back in the mid-5% range and that the strong start to April supports achieving that level for Q2. An unnamed executive added that the company's national footprint and integrated model are key competitive advantages.