top of page
2024 EN Key Media Magasin Gerard Methot Ad 970x90  + FR

Feb 27, 2023

LP Posts Fourth Quarter Loss

Louisiana-Pacific Corporation (LP) had net sales of $835 million for the fourth quarter of 2022, a decrease of 16 per cent compared to $705 million from the prior-year period. The siding segment had net sales of $386 million, a rise of 37 per cent compared to $281 million year over year, while the oriented strand board (OSB) segment saw net sales of $257 million, a loss of 45 per cent compared to $470 million from the year-ago period. Net loss was $11 million compared to $191 million in earnings from the year-ago period. 

Sign up for our Daily News Alerts to receive relevant industry news, articles, and previews for our next issue of Home Improvement Retailing. Delivered directly to your inbox. Subscribe here.

bottom of page