Industry Overview - The Zacks Building Products – Wood industry is currently facing challenges such as rising construction costs, potential housing project delays, and affordability concerns for consumers [1] - Spending on home repair and remodeling has decreased from pandemic highs due to elevated mortgage rates impacting consumer budgets [1][2] - There is a strong need for investments in critical replacements and modernization of aging housing stock, alongside increased funding for infrastructure and carbon/ESG-related projects [2][6] Trends Impacting the Industry - The U.S. housing market is constrained by high interest rates and low consumer confidence, affecting demand for lumber and remodeling [4] - The reimplementation of tariffs on Canadian softwood lumber could lead to supply shortages and increased material costs, as Canada supplies about 30% of U.S. softwood lumber [4] - Volatility in lumber prices remains a significant concern, impacting inventory costs and profit margins [5] Company Strategies - Companies are focusing on acquisitions, product innovation, and efficient cost-reduction strategies to navigate current challenges [7][8] - Operational excellence is being emphasized, including improvements in merchandising, harvest, and transportation efficiencies [8] Industry Performance - The Zacks Building Products – Wood industry has outperformed the broader Zacks Construction sector and the S&P 500 over the past year, gaining 21.6% compared to the sector's 8.8% and the S&P 500's 12.3% [13] - The industry currently has a Zacks Industry Rank of 155, placing it in the bottom 37% of over 250 Zacks industries, indicating dull near-term prospects [9][10] Earnings Outlook - Analysts have shown decreasing confidence in the industry's earnings growth potential, with aggregate earnings estimates for 2025 declining from $2.22 to $2.11 per share [11] - Despite the bleak near-term outlook, some companies are highlighted for their potential to capitalize on fundamental strengths [12] Notable Companies - **Worthington Enterprises, Inc. (WOR)**: Gained 48.4% over the past year, with an upward estimate revision for fiscal 2026 earnings to $3.65 from $3.14 per share [22] - **PotlatchDeltic Corporation (PCH)**: Gained 5% over the past year, with an upward estimate revision for 2025 earnings to 88 cents from 83 cents per share [26] - **Trex Company, Inc. (TREX)**: Experienced a loss of 20.9% over the past year, but has seen an upward estimate revision for 2025 earnings to $2.21 from $2.16 per share [30]

SEEING MORE INVESTOR PRESENTATION | AS O F Q1 2024 NYSE:TREX AT TREX, EVEN OUR PRESENTATION DECKS SAVE TREES. Scan for our paperless investor presentation. SAFE HARBOR / NON-GAAP MEASURES This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks and uncertainties that could cause the Company's actual operating results to differ materially from those cont ...

Core Insights - SpartanNash has partnered with Trex and Home Repair Services to convert recycled plastic grocery bags into accessibility ramps for Veterans, highlighting a commitment to sustainability and community service [1][3][5] Group 1: Project Overview - The initiative involves constructing accessibility ramps for Veterans using composite decking boards made from approximately 157,500 recycled plastic bags [4] - The ramps are built by SpartanNash Associate volunteers in collaboration with Home Repair Services, which provides income-based home repairs [4][5] - In 2024, SpartanNash successfully built ramps for five Veterans and plans to expand the 'Bags to Boards' program to additional communities [5] Group 2: Environmental Impact - Since 2023, more than 5,000 pounds of plastic bags have been recycled at SpartanNash-operated stores [6] - The project exemplifies how recycling can create tangible impacts, reducing landfill waste while providing meaningful support to Veterans [5] Group 3: Company Profile - SpartanNash operates in two business segments: food wholesale and grocery retail, serving a diverse range of customers including independent grocers and U.S. military commissaries [7] - The company employs approximately 20,000 Associates and operates nearly 200 grocery stores under various banners [7]