Strong Liquidity And Low LeverageSubstantial liquidity and low net leverage provide durable financial flexibility to withstand cyclical lumber downturns, fund the planned kiln investments and repay debt. The extended $250M facility to 2028 and $76M non-core asset sales enhance liquidity optionality over the next 2–6 months.
Shift To Higher‑value Product MixA sustained move toward specialty and kiln-dried products supports higher margin potential and customer stickiness. Combined with planned kiln capacity additions, this structural mix shift reduces commodity exposure and should support relative margin stability across cyclical periods.
Operational Reliability And Inventory DisciplineImproved uptime, inventory turns and on-time delivery reflect enduring operational execution gains that lower unit costs and improve customer service. These process improvements are structural, helping convert capacity to higher-value output and supporting margin recovery when demand stabilizes.