Boise Cascade Q1 net income down 61% to $40.3M; sales fall 7% to $1.5B

BOISE CASCADE Co

2025-Q1 EPS reported $1.06 revenue$1,536,494,000

Net income $40.3M ($1.06 diluted) vs $104.1M ($2.61) YoY; sales $1.5B down 7%.
Wood Products segment income fell 75% to $17.7M on lower EWP/plywood prices and Oakdale downtime.
BMD segment income down 33% to $48.4M; sales volume -5%, price -2%.
Cash & liquidity $957.5M; board declared $0.21/share dividend payable June 18; repurchased ~$54M shares in Q1 plus $17M in April.
FY2025 capex guidance $220-240M; housing starts forecast flat to mid-single digit decline.

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