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Boise Cascade Reaches Agreement to Acquire Coastal Plywood Operations

Published:

BOISE, Idaho – Boise Cascade Company (“Boise Cascade,” the “Company,” “we,” “our”) (NYSE: BCC) announced today that it has reached an agreement to acquire Coastal Plywood Company (“Coastal”), including its two manufacturing locations, from Coastal Forest Resources Company for $512 million, subject to certain closing adjustments. The Company currently plans to fund the transaction and […]

Posted in Investor Relations

Company reports first quarter 2022 results

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Today the Company reported 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, compared with net income of $149.2 million, or $3.76 per share, on sales of $1.8 billion for the first quarter ended March 31, 2021. “Both businesses delivered tremendous financial […]

Posted in Investor Relations

Company announces quarterly and supplemental dividends

Published:

Today the Company’s board of directors declared a quarterly dividend of $0.12 per share, as well as a supplemental dividend of $2.50 per share, to holders of its common stock. The dividends will be paid on June 15, 2022 to stockholders of record on June 1, 2022. Future dividend declarations, including amount per share, record […]

Posted in Investor Relations

Board member changes announced

Published:

Craig Dawson and Amy Humphreys were elected to the Board of Directors (Board) following the Annual Shareholders’ Meeting on May 5, 2022. In addition, Richard (Rick) Fleming retired from the Board after nine years of service. Craig Dawson currently serves as president of Retail Lockbox, Inc., an industry leader in remittance processing, credit card payments, […]

Posted in Investor Relations

Executive leadership promotions announced

Published:

Today we announced the promotion of two business leaders: Joanna Barney has been promoted to Vice President, Western Operations, Building Materials Distribution (BMD) division. Joanna began her career at Boise Cascade in 2005 as an Admin Manager at the Salt Lake BMD branch. She was promoted to Sr. Location Controller in 2012, to Branch Manager […]

Posted in Investor Relations

Company schedules first quarter 2022 earnings call

Published:

Boise Cascade will host a webcast and conference call to discuss first quarter 2022 earnings on Friday, May 6 at 11am Eastern. To participate in the conference call, dial 844-795-4410 and use passcode 4607268 (international callers should dial 661-378-9637). To join the webcast, go to the Investor Relations section and select the Event Calendar. A […]

Posted in Investor Relations

Company reports fourth quarter and full year 2021 results

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Today the Company reported fourth quarter net income of $169.1 million, or $4.26 per share, on sales of $1.8 billion. For the full year 2021, Boise Cascade reported net income of $712.5 million, or $17.97 per share, on sales of $7.9 billion. For 2020 comparative results, see the full news release, as well as ‘Other […]

Posted in Investor Relations

Executive leadership promotions announced

Published:

Today we announced the promotion of three of executive leaders: Rob Johnson has been promoted to Sr. Vice President of Engineered Wood Products (EWP), Sales & Marketing. Johnson joined the Company as a Business Optimization Engineer in 2014. He was selected as the Director of the EWP Sales and Marketing team in March 2019 and […]

Posted in Investor Relations