Louisiana-Pacific Q2 FY26 net income drops 51% to $26 million; net sales fall 12% to $664 million
LPX•Guidance and outlook
CEO Jason Ringblom said Siding expects to return to volume and revenue growth in Q3.
LP reaffirmed full-year Siding net sales guidance of $1.65 billion-$1.67 billion, forecasting Q3 Siding net sales of $460 million-$470 million.
Q2 results and segment performance
Louisiana-Pacific posted Q2 2026 net income of $26 million, down $27 million year over year; diluted EPS fell to $0.38.
Net sales dropped $90 million to $664 million, led by a 4% decline in Siding net sales to $441 million.
OSB net sales slid $68 million to $182 million; OSB adjusted EBITDA swung to a loss of $21 million.
Adjusted EBITDA (non-GAAP) fell $63 million to $79 million.
