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AI brief of an SEC Form 8-K · Boise Cascade (BCC)

Boise Cascade Q4 net income falls 17% to $97.5 million as sales edge up 1%

Mixed Impact 4 of 5 earnings Written later

Boise Cascade reported fourth-quarter 2023 net income of $97.5 million, or $2.44 per diluted share, down from $117.4 million, or $2.95, a year earlier, on sales of $1.6 billion, up 1%. For full-year 2023, net income fell 44% to $483.7 million ($12.12 per share) on sales down 18% to $6.8 billion, and the company also disclosed that its Wood Products executive vice president is retiring and has been succeeded.

Key points

  • Q4 2023 net income $97.5 million vs. $117.4 million in Q4 2022; diluted EPS $2.44 vs. $2.95
  • Full-year 2023 net income $483.7 million vs. $857.7 million in 2022; diluted EPS $12.12 vs. $21.56
  • Mike Brown, EVP Wood Products, retiring effective May 3, 2024; Troy Little appointed EVP Wood Products effective February 19, 2024, with a $540,000 base salary
  • 2024 capital expenditures expected to total approximately $250 million to $270 million, excluding potential acquisition spending

The filing

CompanyBoise Cascade (BCC)
Form8-K, current report
Filed with the SECFeb 20, 2024, 4:14 PM ET
Accession number0001328581-24-000017

Items reported: 2.02 Results of Operations5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.