secwatch.observer — SEC 8-K summary
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Issuer:     BOISE CASCADE Co (BCC)
CIK:        0001328581
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001328581-23-000059
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1328581/000132858123000059/0001328581-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1328581/000132858123000059/bcc-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001328581-23-000059

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