分组1 - Boise Cascade reported quarterly earnings of $1.06 per share, missing the Zacks Consensus Estimate of $1.36 per share, and down from $2.61 per share a year ago, representing an earnings surprise of -22.06% [1] - The company posted revenues of $1.54 billion for the quarter, surpassing the Zacks Consensus Estimate by 5.67%, but down from $1.65 billion year-over-year [2] - Over the last four quarters, Boise Cascade has surpassed consensus revenue estimates four times, but has only exceeded EPS estimates once [2] 分组2 - The stock has underperformed, losing about 19.1% since the beginning of the year, compared to the S&P 500's decline of -3.3% [3] - The current consensus EPS estimate for the coming quarter is $2.29 on revenues of $1.81 billion, and for the current fiscal year, it is $7.97 on revenues of $6.54 billion [7] - The Zacks Industry Rank for Building Products - Wood is currently in the bottom 24% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35805 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: | Title of each class | ...

Boise Cascade Company Exhibit 99.1 1111 West Jefferson Street, Suite 300 Boise, ID 83702 For Immediate Release: May 5, 2025 Boise Cascade Company Reports First Quarter 2025 Results BOISE, Idaho - Boise Cascade Company ("Boise Cascade," the "Company," "we," or "our") (NYSE: BCC) today reported net income of $40.3 million, or $1.06 per share, on sales of $1.5 billion for the first quarter ended March 31, 2025, compared with net income of $104.1 million, or $2.61 per share, on sales of $1.6 billion for the fir ...

Company Overview - Boise Cascade (BCC) has undergone a significant transformation over the past 5 years and is currently experiencing near-term tailwinds [1] Financial Performance - Revenue increased by 45% from 2020 to 2021, driven by a boom in the housing market [1]

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Core Viewpoint - Boise Cascade Company (BCC) reported mixed fourth-quarter 2024 results, with earnings missing estimates while sales exceeded expectations, reflecting a decline in both top and bottom lines year-over-year [1][5]. Financial Performance - Adjusted earnings per share (EPS) for the quarter were $1.78, missing the Zacks Consensus Estimate of $1.82 by 2.2%, down from $2.44 in the same quarter last year [5]. - Quarterly sales reached $1.57 billion, surpassing the consensus mark of $1.55 billion by 1.2%, but decreased by 5% year-over-year [5]. - Adjusted EBITDA for the quarter was $128.7 million, a decline of 20% from the prior-year quarter [5]. Segment Analysis - **Wood Products**: Sales were $419.7 million, down 7% year-over-year due to lower engineered wood products and plywood sales prices. Adjusted EBITDA fell 39% to $56.6 million [6]. - **Building Materials Distribution (BMD)**: Sales decreased by 4% year-over-year to $1.44 billion, attributed to lower plywood sales prices and reduced I-joist sales volumes. Adjusted EBITDA increased by 5% to $84.5 million [7][8]. Yearly Overview - Full-year sales declined by 2% to $6.72 billion, with Wood Products sales down 5% to $1.83 billion and BMD sales remaining flat at $6.17 billion [9]. - Consolidated adjusted EBITDA for the year tumbled 16% to $632.8 million from $756.7 million [9]. - Full-year adjusted EPS was $9.57, a decline of 21% from $12.12 reported in 2023 [10]. Liquidity and Debt - As of December 31, 2024, total liquidity was $1.109 billion, down from $1.35 billion at the end of 2023, including $395.7 million of undrawn committed bank line availability [11]. - Cash and cash equivalents were $713.3 million, down from $949.6 million at the end of 2023 [11]. - Net long-term debt increased slightly to $446.2 million from $445.3 million reported at the end of 2023 [11]. Operational Cash Flow - Net cash provided by operations in 2024 was $438.3 million, down from $687.5 million in the previous year [12]. - The company repurchased approximately 1.5 million shares of common stock for a total value of $194.9 million during 2024 [12].

February 2025 Investor Presentation INTEGRITY SAFETY RESPECT EXCELLENCE Leading Building Materials Manufacturer and Distributor 347% Total Shareholder Return – Five years ending December 2024* Leading manufacturer of Engineered Wood Products (EWP) & Plywood $1.53 Billion invested in company via M&A/Capex and $1.28 Billion in shareholder returns since 2019 482 bps of improvement in EBITDA margin 2019 vs 2024 $6.7 Billion 2024 Revenue We serve a diversified array of customer segments from independent dealers ...

Financial Data and Key Metrics Changes - The company reported full-year net income of $376.4 million or $9.57 per diluted share, with fourth quarter sales of $1.6 billion down 5% from the previous year [7][9] - Fourth quarter net income was $68.9 million or $1.78 per share, compared to $97.5 million or $2.44 per share in the year-ago quarter [9][10] - The decrease in earnings per share in the year-ago quarter was negatively impacted by approximately $0.18 per share from accelerated depreciation and transaction expenses [10] Business Line Data and Key Metrics Changes - Wood product sales in the fourth quarter, including distribution segment sales, were $419.7 million, down 7% compared to the fourth quarter of 2023 [11] - The Wood Products segment EBITDA was $56.6 million, down from $92.7 million in the prior year quarter, primarily due to lower EWP and plywood sales prices [11] - BMD sales in the quarter were $1.4 billion, down 4% from the fourth quarter of 2023, but reported segment EBITDA of $84.5 million, up from $80.6 million in the prior year quarter [12] Market Data and Key Metrics Changes - Total U.S. housing starts and single-family housing starts decreased 6% and 4% respectively compared to the prior year quarter [8] - Fourth quarter plywood sales volume was 371 million feet, with an average net sales price down 7% year-over-year but up 5% sequentially [15][16] - The company expects total U.S. housing starts to be around 1.35 million for 2025, essentially flat with 2024 levels [26] Company Strategy and Development Direction - The company is focused on capital investments to support its EWP growth strategy and has made significant progress in its distribution business through organic and acquisition initiatives [7][8] - Capital expenditures for 2024 were $230 million, with expectations for 2025 to be between $220 million and $240 million, including investments in EWP production capabilities [22] - The company aims for a balanced approach to capital allocation, including ongoing investments, organic growth projects, and returns to shareholders [23] Management's Comments on Operating Environment and Future Outlook - Management noted that affordability remains a key concern for builders, impacting home prices and the cost of money [62] - There is optimism about the medium to long-term housing fundamentals, despite short-term uncertainties related to the macro economy and policy decisions [27] - The company anticipates modest growth in home improvement spending in 2025 due to the aging U.S. housing stock and elevated homeowner equity [27] Other Important Information - The company paid $220 million in regular and special dividends in 2024, including a $5 per share special dividend [23] - The board approved a $0.21 per share quarterly dividend on common stock, with payment scheduled for March 9 [24] - The company repurchased approximately 1.75 million shares for about $225 million, with 1.6 million shares remaining available for repurchase [24] Q&A Session Summary Question: Impact of tariffs on EWP supply - Management acknowledged the uncertainty surrounding tariffs and their potential impact on supply and demand dynamics, particularly regarding affordability challenges [34][36] Question: EWP pricing and market equilibrium - Management indicated that while there is competition for share, the market is close to finding equilibrium, but modest price erosion is expected if demand remains stable [46][48] Question: Operating environment and builder sentiment - Builders are managing their operations cautiously due to affordability concerns, but there remains optimism about the long-term outlook for housing [62][66] Question: BMD margin performance - Management attributed the strong BMD margin in Q4 to warehouse sales and favorable commodity pricing, but expects erosion in Q1 due to declining sales pace [78][81] Question: Growth in LVL sales - The company reported an 11% increase in LVL sales volume, attributed to effective sales strategies and strong demand for beams and headers [82][85] Question: M&A opportunities - Management expressed interest in M&A opportunities, particularly on the distribution side, as seller expectations moderate [111][112]

Core Viewpoint - Boise Cascade reported quarterly earnings of $1.78 per share, missing the Zacks Consensus Estimate of $1.82 per share, and down from $2.44 per share a year ago, indicating a -2.20% earnings surprise [1] Financial Performance - The company posted revenues of $1.57 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.24%, but down from $1.64 billion year-over-year [2] - Over the last four quarters, Boise Cascade has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Stock Performance - Boise Cascade shares have lost about 0.5% since the beginning of the year, while the S&P 500 has gained 4.5% [3] - The current Zacks Rank for Boise Cascade is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $2.21 on revenues of $1.68 billion, and for the current fiscal year, it is $10.15 on revenues of $6.92 billion [7] - The estimate revisions trend for Boise Cascade is mixed, which could change following the recent earnings report [6] Industry Context - The Building Products - Wood industry, to which Boise Cascade belongs, is currently in the top 10% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]