Boise Cascade Q2 sales beat estimates on BMD higher volumes, price increase
BCC•Q2 results beat sales expectations
Boise Cascade said U.S. building materials distributor's Q2 sales rose 5% year over year, beating analyst expectations. Adjusted EPS for Q2 declined slightly year over year.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Sales | Beat | $1.83 bln | $1.77 bln (7 Analysts) |
| Q2 EPS | $1.63 | ||
| Q2 Net Income | $57.34 mln |
Business segment drivers and outlook
- BMD sales mix - Segment sales rose on higher volumes and prices for general line and commodity products, but EWP sales declined.
- BMD income pressure - Segment income fell due to higher selling, distribution, and depreciation expenses, and absence of prior-year property sale gains.
- Wood products gains - Segment income rose on higher plywood sales prices and volumes, and lower per-unit OSB costs, offset by weaker EWP sales and higher conversion costs.
The company expects Q3 2026 Adjusted EBITDA between $82 mln and $114 mln, and sees Q3 2026 BMD EBITDA of $53 mln to $68 mln. Boise Cascade said residential construction remains subdued amid affordability constraints and low consumer sentiment.
Analyst coverage and partnership update
The company expanded its nationwide distribution partnership with James Hardie.
