Quarterly ResultAug 3, 2026, 04:48 PM
Boise Cascade Q2 Sales $1.83B; Net Income $57.3M
AI Summary
Boise Cascade Company reported mixed financial results for the second quarter and first half of 2026. While sales increased by 5.2% to $1.83 billion for the quarter, net income declined by 7.5% to $57.3 million, and basic EPS saw a marginal decrease to $1.63. Year-to-date figures also showed sales growth but a significant drop in net income and EPS. The company increased its quarterly dividend and continued share repurchases, but its cash position decreased.
Key Highlights
- Sales for Q2 2026 increased 5.2% to $1.83 billion from $1.74 billion in Q2 2025.
- Net income for Q2 2026 decreased 7.5% to $57.3 million from $62.0 million in Q2 2025.
- Basic EPS for Q2 2026 was $1.63, a slight decrease from $1.64 in Q2 2025.
- Year-to-date sales for 2026 rose 1.6% to $3.33 billion, while net income fell 26.5% to $75.2 million.
- Dividends declared per common share increased to $0.22 in Q2 2026 from $0.21 in Q2 2025.
- Repurchased $109.98 million of common stock during the first six months of 2026.
- Cash and cash equivalents stood at $304.8 million as of June 30, 2026, down from $477.2 million at year-end 2025.
- Boise Cascade is evaluating the impact of ASU 2024-03 on expense disaggregation, effective after December 15, 2026.
Price Impact
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