Second-quarter sales rose despite weaker housing starts, while the company expects affordability pressures, volatile pricing and subdued residential construction to continue influencing operations.
Boise Cascade
Volatile mortgage rates, weather disruptions, and cautious housing demand weigh on results and margins, with the largest pricing and gross-margin pressure in engineered wood products.
Company fined $6.38 million and ordered to implement compliance plan after purchasing more than $30 million in illegally trafficked wood.
Executive moves in Human Resources and Finance & Investor Relations take effect on 9 February 2026.
Two long-tenured directors will lead sales and marketing for the BMD and EWP divisions from January 2026.
U.S. building materials distributor expands Northeast presence with Chicopee-based two-step distributor.
Nate Jorgensen will retire on March 2, 2026, after six years as CEO and will remain on the board of directors; the company will not fill the chief operating officer role after the transition.
Holden Humphrey records $145 million in annual revenue from distribution operations across New England, New York, and New Jersey.
Third-quarter net income falls to $21.8 million on $1.67 billion in sales, while adjusted EBITDA declines 52% due to lower commodity prices and reduced single-family housing activity.