---
schema_version: "secwatch.filing_event.v1"
accession: "0001328581-23-000059"
form_type: "8-K"
ticker: "BCC"
cik: "0001328581"
company_name: "BOISE CASCADE Co"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:08:30.017919+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Boise Cascade Q1 net income falls 68% YoY to $96.7M; declares $3.00 special dividend

## Summary
- Net income of $96.7M ($2.43 diluted EPS) vs $302.6M ($7.61) in Q1 2022; sales $1.5B down 34%.
- Adjusted EBITDA $158.7M, down 63% from $426.1M; Wood Products segment income fell 63% to $69.4M.
- Building Materials Distribution segment income fell 69% to $69.7M as sales declined 35%.
- Board declared $0.15 quarterly plus $3.00 special dividend, payable June 15 to holders of record June 1.
- 2023 capex guidance $120M-$140M; housing starts forecast 1.2M-1.4M units.

## SEC filing metadata
- accession: 0001328581-23-000059
- form_type: 8-K
- ticker: BCC
- cik: 0001328581
- company_name: BOISE CASCADE Co
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1328581/000132858123000059/0001328581-23-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1328581/000132858123000059/bcc-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001328581-23-000059
- JSON: https://secwatch.observer/filing/0001328581-23-000059.json
- Plain text: https://secwatch.observer/filing/0001328581-23-000059.txt

## Key facts
- Earnings Releases
  BOISE CASCADE Co reported the first quarter ended March 31, 2023 results: revenue $1.5 billion, net income $96.7 million, EPS $2.43 per share.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $1.5 billion
  - Net income: $96.7 million
  - EPS: $2.43 per share
  - Result: reported results
  source text: Boise Cascade Company ("Boise Cascade," the "Company," "we," or "our") (NYSE: BCC) today reported net income of $96.7 million, or $2.43 per share, on sales of $1.5 billion for the first quarter ended March 31, 2023, compared with net income of $302.6 million, or $7.61 per share, on sales of $2.3 billion for the first quarter ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1328581/000132858123000059/0001328581-23-000059-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.