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LPX-News
LPX-Events
Q3 Siding Net Sales Expected at $460M-$470M
Sees Q3 Siding net sales Year-Over-Year $460M-470M or a 5% growth; Siding Adjusted EBITDA $110M-$20M; and OSB Adjusted EBITDA ($45M).
LP Reports Q2 Revenue of $441M, Below Expectations
Reports Q2 revenue $441M, consensus $667.31M. "We executed our strategy, and Siding delivered revenue within our guided range despite margin pressure from raw material inflation," said LP CEO Jason Ringblom. "We anticipate Siding returning to volume and revenue growth in the Q3."
FY26 Siding Net Sales Expected at $1.65B-$1.67B
Sees FY26 Siding net sales $1.65B-$1.67B, representing a 1% decline vs. last year; Siding Adjusted EBITDA $410M-$425M; OSB Adjusted EBITDA ($120M); and CapEx $320M.
Worthington Appoints Brad Southern to Board of Directors
The board of directors of Worthington (WOR) has appointed manufacturing and building products executive Brad Southern as its newest member. Southern retired as Chairman and CEO of Louisiana-Pacific Corporation Building Solutions (LPX) earlier this year.
LP Building Solutions CFO Alan Haughie to Retire in 2026
LP Building Solutions announced that Executive Vice President and Chief Financial Officer Alan Haughie plans to retire and that Aaron Howald has been appointed as his successor, effective September 1, 2026. To ensure a seamless transition and continuity through the completion of the company's 2026 Annual Report process, Haughie will serve in an advisory capacity through February 2027. "Alan has been an exceptional leader and partner during a period of important transformation for LP," said Chief Executive Officer Jason Ringblom. "We are deeply grateful for his contributions, particularly his leadership in establishing our disciplined capital allocation strategy and building a high-performing finance organization. We appreciate his continued support during this transition period."
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