Nav

News

Acquisition of Brockway-Smith Company completed

Published:

Boise Cascade announced today that it has completed the previously announced acquisition of Brockway-Smith Company (BROSCO®), a leading wholesale distributor specializing in doors and millwork. “We are excited to welcome this outstanding team to Boise Cascade,” said Jeff Strom, Executive Vice President, Building Materials Distribution. “We look forward to serving millwork customers in the Northeast […]

Posted in Investor Relations

Company plans new door shop facility in Commerce City, CO

Published:

Today the Company announced the planned addition of a door shop in Commerce City, CO, a suburb of Denver. The 127,000 sq. ft. millwork facility is scheduled to be complete in the fourth quarter of 2023 and is expected to begin production shortly after the first of the year. “We are excited that this new […]

Posted in Investor Relations

Boise Cascade reaches agreement to purchase Brockway-Smith Company

Published:

Today the Company announced that it has reached an agreement to purchase Brockway-Smith Company (BROSCO®), a leading wholesale distributor specializing in doors and millwork. The purchase price for BROSCO, including the acquisition of its two full-scale distribution centers, is $172 million, subject to certain closing adjustments. Boise Cascade plans to fund the transaction and closing-related […]

Posted in Investor Relations

Company reports second quarter 2023 results

Published:

Today Boise Cascade reported net income of $146.3 million, or $3.67 per share, on sales of $1.8 billion for the second quarter ended June 30, 2023, compared with net income of $218.1 million, or $5.49 per share, on sales of $2.3 billion for the second quarter ended June 30, 2022. “Both businesses again delivered solid […]

Posted in Investor Relations

Company announces 33% quarterly dividend increase

Published:

Boise Cascade’s Board of Directors has declared a quarterly dividend of $0.20 per share, an increase of $0.05 per share or 33%, to holders of its common stock. The dividend will be paid on September 15, 2023 to stockholders of record on September 1, 2023. Future dividend declarations, including amount per share, record date and […]

Posted in Investor Relations

Boise Cascade expands Birmingham, AL, distribution center

Published:

Boise Cascade’s Building Materials Distribution (BMD) division today announced it has finalized the purchase of a five-acre site in Birmingham, AL. The property is adjacent to the Company’s existing rail-served location, which was acquired in 2019. “Since its integration into the Boise Cascade nationwide network, the Birmingham branch has grown to serve the increasing demand […]

Posted in Investor Relations

Company reports first quarter 2023 results

Published:

Today Boise Cascade reported net income of $96.7 million, or $2.43 per share, on sales of $1.5 billion for the first quarter ended March 31, 2023, compared with net income of $302.6 million, or $7.61 per share, on sales of $2.3 billion for the first quarter ended March 31, 2022. “During the first quarter, the expected weaker […]

Posted in Investor Relations