Boise Cascade L.L.C. is a leading provider of building materials and engineered wood products in North America
The company operates through two primary segments: manufacturing and distribution. It specializes in producing plywood, oriented strand board, and various wood products, which are essential for construction and renovation projects. Additionally, Boise Cascade has a robust distribution network that supplies a wide range of building materials to both residential and commercial sectors. With a commitment to sustainability, the company emphasizes responsible forest management and environmentally conscious practices in its operations.
Boise Cascade has been treading water for the past six months, recording a small return of 1% while holding steady at $118.86. The stock also fell short of the S&P 500’s 7.5% gain during that period.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Boise Cascade (NYSEBCC) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the industrial distributors industry, including GMS (NYSEGMS) and its peers.
Building products company Boise Cascade Company (NYSEBCC) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 6.6% year on year to $1.71 billion. Its GAAP profit of $2.33 per share was also in line with analysts’ consensus estimates.
