secwatch.observer — SEC 8-K summary
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Issuer:     LOUISIANA-PACIFIC CORP (LPX)
CIK:        0000060519
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001628280-23-014944
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60519/000162828023014944/0001628280-23-014944-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60519/000162828023014944/lpx-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-014944

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer