SEATTLE, July 25, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported its second quarter 2024 financial results. The company's earnings release and associated materials are available on the Investors section of the company's website, www.weyerhaeuser.com. In addition, the earnings release has been furnished on a Form 8-K with the U.S. Securities and Exchange Commission and is available at www.sec.gov.EARNINGS CALL INFORMATION The company will hold a live conference call at 7 a.m. Pacific (10 ...

Weyerhaeuser Company Exhibit 99.2 | | Q1 | | Q2 | | | | Year-to-Date | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | March 31, | | June 30, | | June 30, | | June 30, | June 30, | | in millions | 2024 | | 2024 | | 2023 | | 2024 | 2023 | | Net sales | $ | 1,796 | $ | 1,939 | $ | 1,997 | $ 3,735 $ | 3,878 | | Costs of sales | | 1,441 | | 1,535 | | 1,528 | 2,976 | 3,040 | | Gross margin | | 355 | | 404 | | 469 | 759 | 838 | | Selling expenses | | 22 | | 22 | | 22 | 44 | 44 | | General and admini ...

Bolt-on additions will further enhance Southern Timberlands portfolio and expand footprint in attractive markets SEATTLE, July 25, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced acquisitions totaling 84,300 acres of high-quality timberlands in Alabama for $244 million. Secured through multiple transactions, the collective acreage is comprised of mature, highly productive timberlands that are well-integrated with existing Weyerhaeuser operations. Additionally, the acquisitions are expec ...

Weyerhaeuser Company (WY) is slated to report second-quarter 2024 results on Jul 25, after the closing bell.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 6.7% but net sales missed the same by 2.3%. Quarterly adjusted earnings and net sales for the quarter decreased 23.8% and 4.5%, respectively.Weyerhaeuser’s earnings beat the consensus mark in three of the last four quarters and met on one occasion, with the average surprise being 18.3%.Trend in Estimate RevisionT ...

Weyerhaeuser (WY) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 25, 2024, might help the stock move higher if these key numbers are better than expecta ...

Raymond, Wash., named second community to receive multi-year investment through the company's THRIVE ProgramSEATTLE, July 16, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced a commitment to invest $1 million in Raymond, Wash., through the company's THRIVE program, which was launched in 2023 to provide targeted assistance to five of its rural operating communities. Through the program, Weyerhaeuser will make the investment over the next several years with significant input from elected o ...

Melena-NskLumber may be the most illiquid commodity futures market, but it's still a critical industrial raw material with the highest correlation to interest rates. All commodities are rate sensitive. Higher rates increase the cost of carrying inventories, causing prices to fall, reflecting declining demand. Lower rates encourage buying as consumers can stockpile supplies with attractive financing rates. Lumber is a market that exacerbates the relationship as it's a primary material in new home buildin ...

Webcast and conference call on July 26 at 7 a.m. PT (10 a.m. ET)SEATTLE, June 26, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) will release second quarter 2024 results on Thursday, July 25, after the market closes. The company will then hold a live webcast and conference call the following day, on Friday, July 26, at 7 a.m. Pacific (10 a.m. Eastern), to discuss the results.To access the news release, live webcast and presentation online, visit the Investor Relations section on www.weyerhaeuser.com.T ...

SEATTLE, May 21, 2024 /PRNewswire/ -- Devin W. Stockfish, president and chief executive officer, and David M. Wold, senior vice president and chief financial officer, will represent Weyerhaeuser Company (NYSE: WY) at the upcoming Nareit REITweek: 2024 Investor Conference on Tuesday, June 4, 2024, in New York City.Stockfish and Wold are scheduled to present at 3:45 p.m. Eastern. The webcast links and presentation materials can be accessed at https://investor.weyerhaeuser.com, where replays will also be avail ...

Fighting Fires Together campaign raises awareness and helps address mental health challenges of wildland firefighting SEATTLE, May 15, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) and Firefighter Behavioral Health Alliance (FBHA) today announced the launch of Fighting Fires Together, a campaign designed to increase awareness around the importance of mental health support for wildland firefighters and their families. Now in its third year, the partnership between Weyerhaeuser and FBHA provides specia ...