Boise Cascade Q2 2024 net income falls 23% to $112.3 million
Boise Cascade reported second quarter 2024 net income of $112.3 million, or $2.84 per diluted share, on sales of $1.8 billion, down from $146.3 million, or $3.67 per share, a year earlier. Wood Products segment income fell 30% on lower engineered wood prices, while Building Materials Distribution sales rose 1%. The board also declared a $5.00 per share special dividend payable September 16, 2024, a return of capital to shareholders even as earnings declined.
Key points
- Net income of $112.3 million, or $2.84 per diluted share, versus $3.67 in second quarter 2023 (down 23%)
- Sales of $1,797.7 million, down 1% from $1,815.2 million a year earlier
- Adjusted EBITDA of $181.2 million, down 18% from $221.0 million
- Special dividend of $5.00 per share payable September 16, 2024, to holders of record on September 3, 2024
The filing
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 August 05, 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.