---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-014944"
form_type: "8-K"
ticker: "LPX"
cik: "0000060519"
company_name: "LOUISIANA-PACIFIC CORP"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:53:43.228324+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LP Building Solutions Q1 2023 net sales -50% to $584M; OSB sales -75% on lower prices

## Summary
- Income from continuing ops $21M ($0.29 diluted EPS) vs $422M in Q1 2022; adjusted diluted EPS $0.34 vs $4.75.
- Siding Solutions net sales flat at $329M; OSB net sales plunged 75% to $189M, driven by 63% from lower prices.
- Adjusted EBITDA was $66 million, a decrease of $532 million year-over-year.
- Net sales from continuing ops $584M, down 50% YoY (40% from lower OSB pricing).

## SEC filing metadata
- accession: 0001628280-23-014944
- form_type: 8-K
- ticker: LPX
- cik: 0000060519
- company_name: LOUISIANA-PACIFIC CORP
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/60519/000162828023014944/0001628280-23-014944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60519/000162828023014944/lpx-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-014944
- JSON: https://secwatch.observer/filing/0001628280-23-014944.json
- Plain text: https://secwatch.observer/filing/0001628280-23-014944.txt

## Key facts
- Earnings Releases
  LOUISIANA-PACIFIC CORP reported financial results for the three months ended March 31, 2023.
  - Period: the three months ended March 31, 2023
  - Result: reported results
  source text: On May 3, 2023, Louisiana-Pacific Corporation ("the Company") issued a press release announcing financial results for the three months ended March 31, 2023, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/60519/000162828023014944/0001628280-23-014944-index.htm
- Shareholder Votes
  LOUISIANA-PACIFIC CORP shareholders approved Approval, on a non-binding, advisory basis, of the frequency of advisory votes on the Company’s named executive officer compensation at the 2023-04-28 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-04-28
  source text: One Year Two Years Three Years Abstentions Broker Non-Votes 58,928,409 50,736 2,349,885 93,483 4,541,119
  evidence_url: https://www.sec.gov/Archives/edgar/data/60519/000162828023014944/0001628280-23-014944-index.htm
- Shareholder Votes
  LOUISIANA-PACIFIC CORP shareholders approved Approval, on a non-binding, advisory basis, of the Company’s named executive officer compensation at the 2023-04-28 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-04-28
  source text: For Against Abstentions Broker Non-Votes 59,510,248 1,697,138 215,127 4,541,119
  evidence_url: https://www.sec.gov/Archives/edgar/data/60519/000162828023014944/0001628280-23-014944-index.htm
- Shareholder Votes
  LOUISIANA-PACIFIC CORP shareholders approved Election of two Class II directors at the 2023-04-28 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-04-28
  source text: Director Nominee For Against Abstentions Broker Non-Votes Jose A. Bayardo 56,656,323 4,711,537 54,653 4,541,119 Stephen E. Macadam 50,650,622 10,716,952 54,939 4,541,119
  evidence_url: https://www.sec.gov/Archives/edgar/data/60519/000162828023014944/0001628280-23-014944-index.htm
- Shareholder Votes
  LOUISIANA-PACIFIC CORP shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2023 at the 2023-04-28 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-04-28
  source text: For Against Abstentions Broker Non-Votes 64,307,696 1,615,297 40,639 N/A
  evidence_url: https://www.sec.gov/Archives/edgar/data/60519/000162828023014944/0001628280-23-014944-index.htm

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