Oct 30, 2015. /Lesprom Network/. Weyerhaeuser Company reported 3Q net earnings to common shareholders of $180 million. This compares with net earnings of $133 million for 2Q 2015 and net earnings from continuing operations before special items of $178 million for the same period last year, as the company said in the press release received by Lesprom Network.

Net sales for the 3Q 2015 totaled $1.8 billion, compared with net sales of $1.8 billion for the 2Q, and $1.9 billion for the 3Q 2014.

"I am very pleased with our 3Q performance, as each of our businesses leveraged operational excellence improvements to drive strong results despite market and global macroeconomic headwinds," said Doyle R. Simons, president and CEO. "In addition, we delivered on our ongoing commitment to return cash to shareholders by increasing our quarterly dividend by 7% and have completed the $700 million share repurchase authorized in 2014. We remain relentlessly focused on driving value for our shareholders and fully capitalizing on an improving US housing market."

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900.