Boise Cascade reported net income of $40.3 million on sales of $1.5 billion for the first quarter ended March 31, 2025, a decrease compared to the same period in the prior year.
First quarter 2025 net income was $40.3 million, down from $104.1 million in Q1 2024.
Sales for the first quarter 2025 were $1.5 billion, a decrease from $1.6 billion in Q1 2024.
Diluted EPS for Q1 2025 was $1.06, compared to $2.61 in Q1 2024.
Results were influenced by constrained demand, difficult weather, and planned downtime at a veneer and plywood mill.
Management is prepared and flexible as the economic situation changes, moving through the second quarter and better understanding the underlying demand for 2025. The strong balance sheet supports ongoing strategic investments and decisions based on a constructive view of long-term residential construction demand drivers.