Quarterly ResultMay 4, 2026, 04:38 PM
Boise Cascade Q1 Net Income $17.8M, EPS $0.50; Sales Down 2.5%
AI Summary
Boise Cascade reported a significant decline in its first-quarter 2026 financial results, with net income falling to $17.8 million and diluted EPS to $0.50. Sales also decreased by 2.5% year-over-year to $1.50 billion. Despite the weaker earnings, the company increased its quarterly dividend to $0.22 per share and saw an improvement in net cash used for operations, reducing cash outflow compared to the prior year.
Key Highlights
- Net income decreased 55.8% to $17.8 million for Q1 2026 from $40.3 million in Q1 2025.
- Diluted EPS fell 52.8% to $0.50 in Q1 2026 from $1.06 in Q1 2025.
- Sales decreased 2.5% to $1.50 billion for Q1 2026 from $1.54 billion in Q1 2025.
- Declared a quarterly dividend of $0.22 per share, payable June 17, 2026.
- Net cash used for operations improved to $(16.0) million from $(28.5) million year-over-year.
- Repurchased $65.5 million of common stock in Q1 2026, up from $53.9 million in Q1 2025.
- Cash and cash equivalents stood at $338.7 million as of March 31, 2026.
Price Impact
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