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Aug 3, 2023

Boise Cascade income drops 33%

Boise Cascade Company had net income of $146.3 million in the second quarter of 2023, a decrease of 33% compared to net income of $218.1 million in the second quarter of 2022. Sales for the quarter were $1.8 billion, down 20% from $2.3 billion in the year-ago period. Sales for the wood products segment were $530 million, down 1% compared to sales of $536 million in the prior-year period. The building materials distribution segment had sales of $1.64 billion, down 23% compared to sales of $2.13 billion last year.

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