Boise Cascade Q1 net income falls 61% to $40.3 million as sales drop 7%
Boise Cascade reported first quarter 2025 net income of $40.3 million, or $1.06 per diluted share, on sales of $1.5 billion, compared with $104.1 million, or $2.61 per share, on sales of $1.6 billion a year earlier. Lower sales prices and volumes in its wood products and distribution segments drove the decline, and the company said it expects modest engineered wood product price erosion in the second quarter. Shareholders also re-elected eleven directors and approved the 2025 Omnibus Incentive Plan at the May 1 annual meeting.
Key points
- Net income $40.3 million ($1.06 per diluted share) vs. $104.1 million ($2.61) in first quarter 2024
- Sales $1.5 billion, down 7%; Adjusted EBITDA $91.6 million, down 46%
- Wood Products segment income $17.7 million, down 75%; Building Materials Distribution segment income $48.4 million, down 33%
- Shareholders elected eleven directors and approved the 2025 Omnibus Incentive Plan at the May 1, 2025 meeting
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 May 05, 2025.
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.