secwatch.observer — SEC 8-K summary
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Issuer:     LOUISIANA-PACIFIC CORP (LPX)
CIK:        0000060519
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001628280-24-021203
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

LP Building Solutions Q1 net sales up 24% to $724M, net income $108M, raises outlook
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- Net sales $724M (+24% YoY); net income $108M ($1.48 diluted EPS) vs $23M in Q1 2023.
- Siding net sales +9% to $361M; OSB net sales +65% to $313M.
- Adjusted diluted EPS $1.53 (+$1.19 YoY); Adjusted EBITDA $182M (+$116M YoY).
- Board authorized $250M share repurchase program; quarterly dividend $0.26/share (payable June 5, record May 22).
- Company increases Q2 and full-year 2024 outlook (specific guidance not detailed in release).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60519/000162828024021203/0001628280-24-021203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60519/000162828024021203/lpx-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-021203

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