Earnings summaries and quarterly performance for BOISE CASCADE.
Executive leadership at BOISE CASCADE.
Nate Jorgensen
Chief Executive Officer
Jeff Strom
Chief Operating Officer
Jill Twedt
Senior Vice President, General Counsel and Corporate Secretary
Joanna Barney
Executive Vice President, Building Materials Distribution
Kelly Hibbs
Senior Vice President, Chief Financial Officer, and Treasurer
Troy Little
Executive Vice President, Wood Products
Board of directors at BOISE CASCADE.
Amy Humphreys
Director
Christopher McGowan
Director
Craig Dawson
Director
David Hannah
Lead Independent Director
Duane McDougall
Director
Karen Gowland
Director
Kristopher Matula
Director
Steven Cooper
Director
Sue Taylor
Director
Thomas Carlile
Board Chair
Research analysts who have asked questions during BOISE CASCADE earnings calls.
Kurt Yinger
D.A. Davidson & Co.
5 questions for BCC
Susan Maklari
Goldman Sachs Group Inc.
5 questions for BCC
Ketan Mamtora
BMO Capital Markets
3 questions for BCC
Brad Barton
Bank of America
2 questions for BCC
George Staphos
Bank of America
2 questions for BCC
Michael Roxland
Truist Securities
2 questions for BCC
Jeffrey Stevenson
Loop Capital Markets LLC
1 question for BCC
Reuben Garner
Stifel
1 question for BCC
Recent press releases and 8-K filings for BCC.
- Boise Cascade reported Q3 2025 consolidated sales of $1.7 billion, a 3% decrease from Q3 2024, and net income of $21.8 million, or $0.58 per share, significantly down from $91 million or $2.33 per share in the prior-year quarter.
- The Wood Products segment's sales decreased 13% to $396.4 million and EBITDA fell to $14.5 million, primarily due to lower EWP and plywood sales prices and volumes. The Building Materials Distribution (BMD) segment's sales were $1.6 billion, down 1%, with EBITDA of $69.8 million.
- For Q4 2025, the company expects Wood Products EBITDA to be between break-even and $15 million, with EWP volumes projected to decline in the low double digits to mid-teen sequentially.
- The Board of Directors authorized a new $300 million share repurchase program, replacing the previous one, and the company repurchased approximately $120 million of common stock through October 2025.
- Capital expenditures for the nine months ended September 2025 totaled $187 million, with full-year 2025 guidance set at $230 million to $250 million and 2026 projected between $150 million and $170 million.
- Boise Cascade Company reported Q3 2025 sales of $1.7 billion, a 3% decrease from Q3 2024.
- Net income for Q3 2025 was $21.8 million, or $0.58 per share, compared to $91.0 million, or $2.33 per share, in Q3 2024.
- Adjusted EBITDA for Q3 2025 was $74.4 million , with Wood Products contributing $14.5 million and Building Materials Distribution contributing $69.8 million.
- The company paid $27 million in dividends YTD September 2025 and repurchased approximately $120 million of shares YTD October 2025. The board also authorized a $0.22 per share quarterly dividend for Q4 and up to $300 million in new share repurchases.
- For Q4 2025, the company projects Total Company Adjusted EBITDA to be between $30 million and $60 million.
- BCC's Wood Products segment reported Q3 2025 sales of $396.4 million, a 13% year-over-year decrease, with segment EBITDA of $14.5 million.
- The BMD segment recorded Q3 2025 sales of $1.6 billion, down 1% year-over-year, and segment EBITDA of $69.8 million, resulting in an EBITDA margin of 4.5%.
- For Q4 2025, the company estimates Wood Products EBITDA to be between break-even and $15 million, and BMD EBITDA to be between $40 and $55 million.
- BCC repurchased approximately $120 million of common stock through October 2025 and authorized a new $300 million share repurchase program.
- Management anticipates EWP prices have bottomed and expects gradual market improvement in 2026, focusing on growth in general line products and the multifamily segment.
- Boise Cascade reported consolidated third-quarter sales of $1.7 billion, a 3% decrease from Q3 2024, and net income of $21.8 million, or $0.58 per share, compared to $91 million, or $2.33 per share, in the year-ago quarter.
- Wood Products segment sales were $396.4 million, down 13% year-over-year, with segment EBITDA of $14.5 million compared to $77.4 million in Q3 2024, driven by lower EWP and plywood sales prices and volumes. Building Materials Distribution (BMD) sales were $1.6 billion, down 1% year-over-year, with segment EBITDA of $69.8 million compared to $87.7 million in Q3 2024.
- The company repurchased approximately $120 million of common stock through October 2025, including $25 million in Q3 and $9 million in October, and its board authorized a new $300 million share repurchase program.
- For Q4 2025, Wood Products EBITDA is estimated to be between break-even and $15 million, and BMD EBITDA is estimated to be between $40 million and $55 million.
- Early industry projections for 2026 suggest housing starts levels consistent with 2025, with demand expected to improve gradually later in the year, and EWP prices are anticipated to have bottomed and could move higher as 2026 progresses.
- Boise Cascade Company reported net income of $21.8 million, or $0.58 per share, on sales of $1.7 billion for the third quarter ended September 30, 2025, a significant decrease from net income of $91.0 million, or $2.33 per share, on sales of $1.7 billion for the third quarter ended September 30, 2024.
- CEO Nate Jorgensen noted that the company posted good earnings "in the face of subdued demand and commodity pricing headwinds" during Q3 2025.
- The Wood Products segment experienced a 13% decrease in sales to $396.4 million and reported a loss of $12.1 million for Q3 2025, compared to an income of $53.9 million for the same period in 2024.
- The company anticipates seasonally slower activity in the fourth quarter of 2025, with early industry projections for 2026 housing starts consistent with 2025 levels, expecting gradual improvement later in the year.
- Boise Cascade reported net income of $21.8 million ($0.58 per share) on sales of $1.7 billion for the third quarter ended September 30, 2025, a decrease from net income of $91.0 million ($2.33 per share) on sales of $1.7 billion for the same period in 2024.
- The Wood Products segment recorded a loss of $12.1 million in Q3 2025, compared to an income of $53.9 million in Q3 2024, driven by lower sales prices and volumes for EWP and plywood.
- The Building Materials Distribution segment's income decreased to $54.3 million in Q3 2025 from $74.8 million in Q3 2024, primarily due to decreased gross margins on commodity and EWP products.
- The company ended Q3 2025 with $511.8 million of cash and cash equivalents and $907.0 million of total available liquidity, with $450.0 million of outstanding debt.
- Boise Cascade declared a quarterly dividend of $0.22 per share payable on December 17, 2025, and authorized the repurchase of up to $300.0 million of common stock.
- Boise Cascade Company has authorized a new $300 million share repurchase program, replacing a previous plan, and has already repurchased 1.25 million shares for approximately $120 million in 2025.
- The company's board declared a quarterly dividend of $0.22 per share, payable on December 17, 2025, representing an annual yield of about 1.25%.
- Boise Cascade revised its third-quarter 2025 EBITDA guidance downward to a range of $60 million to $80 million from the previous $80 million to $100 million.
- Despite a strong Altman Z-Score and low leverage, the company faces challenges such as declining sales and profitability.
- Boise Cascade Company's Board of Directors declared a quarterly dividend of $0.22 per share. This dividend will be paid on December 17, 2025, to stockholders of record on December 1, 2025.
- The board also authorized a new share repurchase program for up to $300 million of common stock, which replaces the prior authorization.
- From January 1, 2025, to October 30, 2025, the company repurchased 1.25 million shares of its common stock at a cost of approximately $120 million.
- Boise Cascade Company's Board of Directors declared a quarterly dividend of $0.22 per share.
- The dividend will be paid on December 17, 2025, to stockholders of record on December 1, 2025.
- The board also authorized a new share repurchase program of up to $300 million of common stock, replacing a prior authorization.
- From January 1, 2025, to October 30, 2025, the company repurchased 1.25 million shares at a cost of approximately $120 million.
- Boise Cascade Company updated its third quarter 2025 outlook on September 15, 2025, projecting Total Company Adjusted EBITDA between $60 million and $80 million.
- The Wood Products segment is expected to generate $5 million to $15 million in Adjusted EBITDA for Q3 2025, with EWP volumes and prices anticipated to decline sequentially, and plywood prices 6% below the Q2 average quarter-to-date.
- The Building Materials Distribution segment forecasts Q3 2025 Adjusted EBITDA of $65 million to $75 million, noting a daily sales pace 5% below the Q2 average quarter-to-date and projected gross margins of 14.5% to 15.5%.
- For the twelve months ending June 30, 2025, the company reported $6.6 billion in LTM Revenue and $493.7 million in LTM Adjusted EBITDA.
Quarterly earnings call transcripts for BOISE CASCADE.
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