secwatch.observer — SEC 8-K summary
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Issuer:     BOISE CASCADE Co (BCC)
CIK:        0001328581
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001328581-24-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boise Cascade Q4 EPS $2.44, net income down 17% YoY; full-year EPS $12.12 vs $21.56; EVP Brown retiring
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- Q4 net income $97.5M ($2.44 diluted EPS); FY2023 net income $483.7M ($12.12) vs $857.7M ($21.56) in 2022.
- Q4 sales $1.64B (+1% YoY); FY sales $6.84B (-18% YoY). Wood Products segment income -41% FY, BMD -46% FY.
- Wood Products Q4 segment income $64.1M (vs $75.0M); includes $6.2M accelerated depreciation from Chapman, AL lumber curtailment.
- Board declared $0.20/share quarterly dividend (payable March 15). 2024 capex guidance $250-270M, excluding acquisitions.
- Mike Brown, EVP Wood Products, to retire May 3; Troy Little appointed EVP Wood Products effective Feb 19. Also Erin Nuxoll retires; Angella Broesch promoted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1328581/000132858124000017/0001328581-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1328581/000132858124000017/bcc-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001328581-24-000017

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