Boise Cascade Reports Strong Q3 2026 Earnings Driven by Wood Products Growth
Boise Cascade (BCC) reported significant year-over-year growth in its third quarter 2026 results, with revenue reaching $1.8 billion, an 8% increase driven by price and volume gains in the distribution segment. Net income surged 67% to $36.4 million, resulting in a diluted EPS of $1.04, up from $0.58 in the prior year. The Wood Products segment was a primary driver of profitability, with EBITDA increasing 194% due to higher plywood prices and EWP sales volumes. However, the Building Materials Distribution (BMD) segment saw a 4% decline in EBITDA caused by lower gross margins on general line products and rising distribution costs. Looking ahead, management issued cautious guidance for the fourth quarter, citing seasonal demand deceleration and potential volume declines in EWP and plywood. CEO Jeff Strom noted that high fuel prices and elevated interest rates continue to create affordability challenges within the new home construction market.
Tickers: $BCC
Topics: EPS Growth Net Income Increase Plywood Prices Revenue Growth Segment Performance