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Jan 30, 2023

Weyerhaeuser Sees Fourth Quarter Losses

Weyerhaeuser Company had net sales of $1.8 billion for the fourth quarter of 2022, down from net sales of $2.2 billion for the same period last year. Sales realizations for lumber decreased 11 per cent and oriented strand board decreased 16 per cent compared with third quarter averages. Sales and production volumes for lumber were significantly lower due to the work stoppages, labour constraints, and adverse weather conditions.

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