News

Company reports fourth quarter and full year 2023 results

Today Boise Cascade reported fourth quarter net income of $97.5 million, or $2.44 per share, on sales of $1.6 billion. For the full year 2023, Boise Cascade reported net income of $483.7 million, or $12.12 per share, on sales of $6.8 billion. For 2022 comparative results, see the table below. “We closed out 2023 with a […]

Posted in Investor Relations

Boise Cascade announces quarterly dividend of $0.20 per share

Today our Board of Directors declared a quarterly dividend of $0.20 per share to holders of its common stock. The dividend will be paid on March 15, 2024 to stockholders of record on February 23, 2024. Future dividend declarations, including amount per share, record date and payment date, will be made by the board of […]

Posted in Investor Relations

Company to invest additional $140MM to support EWP growth strategy

Today Boise Cascade announced new investments in Alabama and Louisiana in support of its engineered wood products (EWP) growth strategy. In Alabama, we are adding I-joist production capabilities to our Thorsby EWP mill and converting a plywood layup line to a parallel laminated veneer line at the Chapman plywood facility. The Chapman investment adds important […]

Posted in Investor Relations

Company announces retirement of senior executive Tom Hoffmann

Today we announced the retirement of Tom Hoffmann, BMD Senior Vice President, effective March 1, 2024. Tom joined Boise Cascade in 1981. He served in many key roles and leadership positions over the years, including Division Operations Manager, Pacific Region Manager, and Denver Branch Manager. Tom holds a bachelor’s degree in business with a dual […]

Posted in Investor Relations

Lumber operations to be curtailed in Chapman, AL

Today Boise Cascade announced an indefinite curtailment of its lumber production in Chapman, AL. The curtailment will affect approximately 80 positions. The plywood operations at the Chapman location are not part of the curtailment. The Worker Adjustment and Retraining Notification (WARN) Act notification was provided to impacted employees and specifies that operations will cease on […]

Posted in Investor Relations

Lathrop branch moves distribution location to Modesto, CA

Today, our Building Materials Distribution (BMD) division announced that it has completed the purchase of a 20-acre property in Modesto, CA. The Company’s current operations in Lathrop, CA, will relocate to this new facility, which includes office space and 190,000 sq. ft. enclosed warehouse served by rail. “We are very excited to join the Modesto […]

Posted in Investor Relations

Company reports third quarter 2023 results

Today Boise Cascade reported net income of $143.1 million, or $3.58 per share, on sales of $1.8 billion for the third quarter ended September 30, 2023, compared with net income of $219.6 million, or $5.52 per share, on sales of $2.2 billion for the third quarter ended September 30, 2022. “After another solid quarter of […]

Posted in Investor Relations