Boise Cascade Reports Decline in Q1 2025 Earnings

Boise Cascade Company ( (BCC) ) has released its Q1 earnings. Here is a breakdown of the information Boise Cascade Company presented to its investors.

Boise Cascade Company is a leading North American producer of engineered wood products and plywood, as well as a major U.S. wholesale distributor of building materials.

In its first quarter of 2025, Boise Cascade reported a net income of $40.3 million on sales of $1.5 billion, a significant decrease from the previous year’s net income of $104.1 million on sales of $1.6 billion. The company faced challenges such as constrained demand, adverse weather conditions, and planned downtime at its Oakdale mill.

Key financial highlights include a 7% decrease in overall sales, with the Wood Products segment experiencing an 11% drop in sales and a 75% decline in income. The Building Materials Distribution segment also saw a 7% decrease in sales and a 33% drop in income. Adjusted EBITDA fell by 46% compared to the same quarter last year.

Despite these challenges, Boise Cascade maintains a strong balance sheet with $561.8 million in cash and cash equivalents and substantial liquidity. The company continues to invest strategically, with capital expenditures projected between $220 million and $240 million for 2025.

Looking ahead, Boise Cascade remains cautiously optimistic, acknowledging the uncertainties in the housing market and economic conditions. The company is prepared to adapt to changing demand dynamics while focusing on long-term growth drivers in residential construction.