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 […]
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 […]
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 […]
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 […]
Boise Cascade will host a webcast and conference call to discuss 2023 second quarter earnings on Tuesday, August 1, 2023, at 11 a.m. Eastern. To join the webcast, go to the Investors section of our website at www.bc.com/investors and select the Event Calendar link. Analysts and investors who wish to ask questions during the Q&A […]
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 […]
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 […]
Boise Cascade’s Board of Directors has declared a quarterly dividend of $0.15 per share, as well as a special dividend of $3.00 per share, to holders of its common stock. The dividends will be paid on June 15, 2023 to stockholders of record on June 1, 2023. Future dividend declarations, including amount per share, record […]