Quarterly ResultJul 29, 2026, 05:07 PM
West Fraser Q2 Sales $1.43B, Loss $(61)M; EPS $(0.78)
AI Summary
West Fraser Timber reported a significant widening of its net loss for the second quarter and first half of 2026, alongside a decrease in sales. The company recognized a $5 million restructuring and impairment reversal related to its High Level OSB mill. Challenging market conditions, including elevated mortgage rates and consumer uncertainty, continue to impact demand for wood products.
Key Highlights
- Q2 2026 Sales: $1,434 million, down from $1,532 million in Q2 2025.
- Q2 2026 Net Loss: $(61) million, compared to $(24) million loss in Q2 2025.
- Q2 2026 Basic EPS: $(0.78), compared to $(0.30) loss in Q2 2025.
- Six-month Net Loss: $(249) million, compared to $18 million profit in 2025.
- Restructuring and impairment reversal: $5 million related to OSB mill.
- Cash and cash equivalents: $74 million as of July 3, 2026.
- NA EWP segment sales: $499 million in Q2 2026, down from $609 million.
- No Common shares repurchased in Q2 2026.
Price Impact
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