$78.750
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Noticias de BCC
Eventos de BCC
Company Reports Q2 Revenue of $1.83B
Reports Q2 revenue $1.83B, consensus $1.77B. "I am excited to announce an outstanding second quarter, in what continues to be a mixed demand backdrop. These results reflect the power of our people and the service capabilities that our integrated model delivers to the marketplace," said Jeff Strom, CEO. "By combining nationwide scale with strong local support, we delivered the reliable service and consistent value our customers have come to expect from us across a broad mix of industry-leading building materials. The recent announcement of our expanded partnership with James Hardie to become the sole nationwide distributor of their full portfolio of industry-leading exterior and outdoor building products further strengthens our ability to distinguish ourselves in the marketplace. Looking ahead, we will continue to advance strategic priorities that position us to grow share, drive efficiencies, and return capital to shareholders while supporting our customers' and suppliers' success."
Boise Cascade Sees Q3 Adjusted EBITDA of $82M-$114M
Boise Cascade sees Q3 adjusted EBITDA $82M-$114M
Boise Cascade Expands Partnership with James Hardie
Boise Cascade (BCC) and James Hardie Building Products, a wholly-owned subsidiary of James Hardie Industries (JHX), announced an expansion of their partnership under which Boise Cascade's Building Materials Distribution division will become the sole nationwide distributor of James Hardie's and its North American affiliates' complete portfolio of exterior building products through its extensive network of strategically located distribution facilities across the United States, effective July 31, 2026. Under the expanded agreement, Boise Cascade will distribute James Hardie's comprehensive portfolio of products - including Hardie siding and trim, and now adding AZEK trim and moulding and TimberTech decking and railing - through its nationwide network of distribution centers. As the two companies fully align their focus and resources, Boise Cascade will transition away from distributing competitive siding, trim, and exterior moulding products.
Boise Cascade Declares Quarterly Dividend Increased to 23 Cents per Share
Boise Cascade's Board of Directors declared a quarterly dividend of 23c per share, an increase of 1c per share or 5%, to holders of its common stock. The dividend will be paid on September 16, 2026 to stockholders of record on September 1, 2026.
Company Analyzes Residential Construction Demand in Q1 2026
The company states: "Demand for the products we purchase and distribute, as well as the products we manufacture, is closely tied to new residential construction, residential repair-and-remodeling activity, and light commercial construction. Residential construction, particularly new single-family construction, remains a key demand driver for the products we distribute and manufacture. The operating environment during the first quarter of 2026 presented a mix of opportunities and challenges. For much of the quarter, mortgage rates declined to their lowest levels in over three years. However, recent geopolitical turmoil has led to volatility in treasury and mortgage rates alike, casting unpredictability on the remainder of the spring selling season. Consumer sentiment and home affordability challenges persist as the most prominent headwinds to residential construction activity. In addition, home builders are responding to the cautious demand environment with thoughtful approaches to starts, home sizes, location, and inventory. Long-term demand drivers for residential construction, including generational tailwinds and an undersupply of housing units, remain strong, while elevated levels of homeowner equity and an aging U.S. housing stock support robust repair-and-remodel spending and reinforce the industry's solid fundamentals. Our distribution business, which purchases and resells a diverse range of products, experiences opportunities for increased sales and margins during periods of rising prices, while periods of declining prices may present challenges. Future product pricing, particularly for commodity products we distribute and manufacture, is expected to remain dynamic, influenced by economic and geopolitical conditions, input costs, industry operating rates, supply disruptions, duties, tariffs, cost and availability of transportation, inventory levels, and seasonal demand patterns. We will continue to monitor end market demand signals and align production rates and inventory stocking positions accordingly."
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