Quarterly ResultMay 6, 2026, 02:38 PM
Louisiana-Pacific Q1 Net Sales $574M, Net Income $27M, EPS $0.39
AI Summary
Louisiana-Pacific reported a significant decline in its first-quarter 2026 financial results. Net sales decreased to $574 million from $724 million year-over-year, leading to a net income of $27 million and diluted EPS of $0.39, down from $91 million and $1.30 respectively in Q1 2025. The OSB segment saw a substantial drop in revenues and moved to a negative Adjusted EBITDA, while the Siding segment also experienced a revenue decline. The company also amended its credit facility, increasing it to $750 million and extending its maturity.
Key Highlights
- Net sales decreased 20.7% to $574M in Q1 2026 from $724M in Q1 2025.
- Net income fell 70.3% to $27M in Q1 2026 from $91M in Q1 2025.
- Diluted EPS decreased 70% to $0.39 in Q1 2026 from $1.30 in Q1 2025.
- Siding segment net sales decreased to $360M from $402M year-over-year.
- OSB segment net sales decreased to $168M from $267M year-over-year.
- OSB segment Adjusted EBITDA was $(12)M in Q1 2026, down from $54M.
- Amended credit facility increased to $750M, extended to March 2032.
- Net cash used in operating activities was $(38)M, compared to $64M provided.
Price Impact
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