THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Doman Building Materials Group Ltd. (“Doman” or “the Company”) (TSX: DBM) is pleased to announce that it will report its fourth quarter and full year 2025 financial results for the period ended December 31, 2025, after market hours on Thursday, March 5, 2026. The Company will ...

We came across a bullish thesis on QXO, Inc. on Kairos Research’s Substack. In this article, we will summarize the bulls’ thesis on QXO. QXO, Inc.'s share was trading at $23.24 as of January 28th. QXO’s trailing and forward P/E were 2.11 and 66.67 respectively according to Yahoo Finance. QXO, Inc. distributes roofing, waterproofing, and other building products in the United States. Brad Jacobs, a serial industrial entrepreneur with a 40-year track record of creating value through roll-ups, is now focused ...

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Doman Building Materials Group Ltd. (“Doman” or the “Company”) (TSX: DBM) announces the upcoming retirement of Chief Financial Officer, James Code, effective April 7, 2026. Following a planned succession process, the Company is pleased to announce the appointment of Darren Gw ...

Leadership Promotions - Boise Cascade announced the promotion of Dennis Fringuelli to Vice President of Sales and Marketing for the Building Materials Distribution division and Jeff Dracup to Vice President of Sales and Marketing for Engineered Wood Products, effective January 19, 2026 [1] - These promotions are part of a succession planning process aimed at developing internal talent and recognizing leaders who embody the company's values and have shown exceptional performance [4] Executive Backgrounds - Dennis Fringuelli has been with Boise Cascade since 1999, starting as a national account manager and progressing through various roles, including director of BMD sales and marketing [2] - Jeff Dracup joined Boise Cascade in 2004, initially in sales and product management, and has held several progressive positions, including director of EWP sales and marketing [3] Company Overview - Boise Cascade is a leading wholesale distributor of building materials and a major manufacturer of engineered wood products and plywood in North America, operating over 60 distribution and manufacturing facilities across the U.S. and Canada [5] - The company employs over 7,500 people and focuses on delivering outstanding service through an integrated model and national distribution footprint [5]

Core Viewpoint - Doman Building Materials Group Ltd. has successfully completed the early redemption of its outstanding 5.25% senior unsecured subordinated notes, strengthening its balance sheet and demonstrating its commitment to debt retirement strategies [1][2]. Company Overview - Doman Building Materials Group Ltd. was founded in 1989 and is headquartered in Vancouver, British Columbia, trading on the Toronto Stock Exchange under the symbol DBM [3]. - The company is recognized as Canada's premier national distributor in the building materials sector, operating multiple divisions and distribution centers across Canada and the United States [3]. Operations and Distribution - Doman operates distribution centers coast-to-coast in Canada and has multiple treating plants near major cities [4]. - In the United States, Doman Lumber operates 21 treating plants and several specialty facilities across nine states, while Doman Tucker Lumber serves the U.S. east coast with three treating plants [4]. - The company also has a presence on the U.S. west coast and in Hawaii, with various locations servicing the building materials market [4].

Core Viewpoint - Boise Cascade Company has completed the acquisition of Humphrey Company, enhancing its distribution capabilities in the northeast region of the U.S. [1][2] Group 1: Acquisition Details - The acquisition involves Humphrey Company, Inc., a two-step distributor of building materials located in Chicopee, Massachusetts [1] - This strategic move is expected to strengthen Boise Cascade's existing distribution partnerships and expand product offerings for customers in the northeast [2] Group 2: Company Overview - Boise Cascade is recognized as one of the largest producers of engineered wood products and plywood in North America [2] - The company is also a leading wholesale distributor of building products in the U.S. [2]

Core Viewpoint - Doman Building Materials Group Ltd. has successfully closed a private placement offering of $170 million in senior unsecured notes, which will be used to redeem existing notes due in 2026 [1][4]. Group 1: Note Offering Details - The company issued $170 million aggregate principal amount of 7.50% senior unsecured notes due September 17, 2029 [1]. - The notes were issued at a price of $1,016.25 per $1,000 principal amount, plus accrued interest from September 17, 2025 [2]. - The notes will be fungible with an existing series of $365 million aggregate principal amount of 7.50% senior unsecured notes due 2029 [2]. Group 2: Use of Proceeds - Doman plans to use approximately $167 million of the net proceeds, along with additional funds from its syndicated credit facility, to redeem all outstanding 5.25% senior unsecured notes due May 15, 2026 [4]. - The total outstanding amount of the 2026 Notes is $272,163,000 as of the date of the announcement [4]. Group 3: Company Overview - Doman Building Materials Group Ltd. is headquartered in Vancouver, British Columbia, and trades on the Toronto Stock Exchange under the symbol DBM [5]. - The company is Canada's only fully integrated national distributor in the building materials sector, operating multiple divisions and distribution centers across Canada and the United States [5][6].

Core Viewpoint - Doman Building Materials Group Ltd. has entered into an underwriting agreement to sell an additional $170 million of its 7.50% Senior Unsecured Notes due September 17, 2029, to strengthen its financial position and manage existing debt obligations [1][2]. Group 1: Financial Details - The 2029 Notes will be issued at a price of 101.625% of their face value, with a yield to call of 6.515% and a yield to maturity of 7.000% [1]. - The net proceeds from the issuance are expected to be approximately $167 million, which will be used to repurchase and redeem a portion of the outstanding 2026 Notes due May 15, 2026 [2]. Group 2: Offering and Regulatory Information - The offering of the 2029 Notes is expected to close on or about December 2, 2025, subject to customary closing conditions, and will be offered on a private placement basis in Canada [3]. - The 2029 Notes have not been registered under the U.S. Securities Act and are being offered only to qualified institutional buyers in reliance on Rule 144A [3][4]. Group 3: Company Overview - Doman Building Materials Group Ltd. is Canada's only fully integrated national distributor in the building materials sector, operating multiple divisions and distribution centers across Canada and the United States [5][6]. - The company was founded in 1989 and is headquartered in Vancouver, British Columbia, trading on the Toronto Stock Exchange under the symbol DBM [5].

Group 1: Market Overview - ClearBridge Investments reported that mid-cap stocks experienced growth in Q3 2025, driven by shifting monetary policy and stabilizing earnings [1] - The Federal Reserve's decision to cut rates positively impacted small and mid-cap stocks, with the Russell Midcap Value Index returning 6.2% compared to the Russell Midcap Growth's 2.8% [1] - The ClearBridge Mid Cap Strategy outperformed its benchmark, the Russell Midcap Index, during the third quarter, primarily due to stock selection in the consumer staples and healthcare sectors [1] Group 2: QXO, Inc. Overview - QXO, Inc. (NYSE:QXO) is a distributor of roofing, waterproofing, and other building products, with a market capitalization of $12.672 billion as of November 12, 2025 [2] - The stock of QXO, Inc. had a one-month return of -0.74% but gained 23.37% over the last 52 weeks [2] Group 3: Investment Strategy for QXO, Inc. - ClearBridge Mid Cap Strategy added a new position in QXO, Inc., which is led by Brad Jacobs, known for his successful track record in building and scaling businesses [3] - The company aims to consolidate the fragmented building materials industry by acquiring mid-size distributors and leveraging advanced technology to enhance efficiency and profitability [3] - There is potential for QXO, Inc. to evolve into a scaled leader with significant margin expansion opportunities [3] Group 4: Hedge Fund Interest - QXO, Inc. was held by 65 hedge fund portfolios at the end of Q2 2025, an increase from 36 in the previous quarter [4] - Despite the potential of QXO, Inc. as an investment, the company believes certain AI stocks may offer greater upside potential with less downside risk [4]

Core Insights - Boise Cascade's third quarter results showed a positive market reaction despite lower earnings, with revenue exceeding Wall Street expectations due to steady demand in general line product categories and expanded next-day delivery services [1][3] - CEO Nate Jorgensen noted that customer reliance on Boise Cascade's distribution network helped mitigate volume and pricing challenges in the wood products segment [1] - Ongoing investments in capacity and strategic partnerships contributed to stable business operations during a period of industry softness [1] Financial Performance - Revenue for Q3 was $1.67 billion, surpassing analyst estimates of $1.62 billion, representing a 2.7% year-on-year decline but a 3.1% beat [6] - Adjusted EPS was $0.58, missing analyst expectations of $0.69 by 15.7% [6] - Adjusted EBITDA was $74.38 million, in line with analyst estimates of $74.47 million, with a margin of 4.5% [6] - Operating margin decreased to 1.9%, down from 6.8% in the same quarter last year [6] - Market capitalization stood at $2.62 billion [6] Analyst Insights - Analysts raised questions regarding share gains in general line products, with growth attributed to investments in capacity and partnerships [6] - Constraints on BMD segment margins were discussed, with management citing product mix improvements and operational flexibility as key factors [6] - Price stabilization in EWP and channel inventory levels were addressed, indicating reduced competitive pressure and balanced inventories could support price recovery [6] - The impact of new supplier partnerships, particularly with James Hardie, was highlighted as a driver of new revenue in untapped markets [6] - Recent declines in distribution EBITDA margins were attributed to seasonal sales patterns rather than structural shifts, with confidence expressed in a return to normalized margins as volumes recover [6]