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Boise Cascade Co - BCC STOCK NEWS

Welcome to our dedicated news page for Boise Cascade Co (Ticker: BCC), a resource for investors and traders seeking the latest updates and insights on Boise Cascade Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Boise Cascade Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Boise Cascade Co's position in the market.

News
Boise Cascade Company First Quarter 2024 Earnings Webcast and Conference Call
Rhea-AI Summary
Boise Cascade Company (NYSE: BCC) will host a webcast and conference call to discuss their 2024 first-quarter earnings on May 7, 2024. Analysts and investors can join the webcast and ask questions during the Q&A session. The archived webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
earnings
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News
Boise Cascade Announces Leadership Transitions
Rhea-AI Summary
Boise Cascade Company (BCC) announces executive leadership transitions with Mike Brown and Erin Nuxoll retiring, and Troy Little and Angella Broesch being promoted. The transitions aim for a smooth succession plan and are praised for strategic leadership development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.92%
Tags
management
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News
Boise Cascade Company Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Boise Cascade Company (BCC) reported a strong fourth quarter with a net income of $97.5 million and full-year 2023 net income of $483.7 million. Sales for the year were $6.8 billion. The CEO highlighted strong financial performance, growth strategies, and returns to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.92%
Tags
earnings
News
Boise Cascade Company Fourth Quarter and Full Year 2023 Earnings Webcast and Conference Call
Rhea-AI Summary
Boise Cascade Company (NYSE: BCC) will host a webcast and conference call to discuss 2023 fourth quarter and full year earnings on February 21, 2024. Analysts and investors can join the webcast and Q&A session, with the archived webcast available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
Tags
earnings
-
News
Boise Cascade Company Announces Quarterly Dividend of $0.20 Per Share
Rhea-AI Summary
Boise Cascade Company (BCC) has declared a quarterly dividend of $0.20 per share to holders of its common stock. The dividend will be paid on March 15, 2024, to stockholders of record on February 23, 2024. Future dividend declarations will depend on legal capital requirements, the company's operations and earnings, financial condition, cash requirements, and other relevant factors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
Tags
dividends
-
News
Boise Cascade to Invest Additional $140MM to Support EWP Growth Strategy
Rhea-AI Summary
Boise Cascade Company (BCC) has announced new investments in Alabama and Louisiana to support its engineered wood products (EWP) growth strategy. The investments include adding I-joist production capabilities and converting a plywood layup line to a parallel laminated veneer line at the Chapman plywood facility in Alabama. The Chapman plywood facility extended employment opportunities to approximately 50 of the 80 associates affected by the recently announced Chapman lumber operations curtailment. In Louisiana, major projects planned include the upgrade and redesign of the log utilization center, a new veneer dryer and press, and modification of an existing veneer dryer. The total estimated capital expenditures for 2024 are $250 million to $270 million, which includes the investments in Alabama and Louisiana, as well as spending on greenfield distribution centers in Texas and South Carolina.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.31%
Tags
none
News
Boise Cascade announces retirement of senior executive Tom Hoffmann
Rhea-AI Summary
Boise Cascade Company (BCC) announced the retirement of Tom Hoffmann, Senior Vice President of Purchasing, Building Materials Distribution (BMD) division, effective March 1, 2024. Tom joined Boise Cascade in 1981 and held various leadership positions. The company is reorganizing functional responsibilities to provide growth opportunities for emerging leaders. CEO Nate Jorgensen expressed gratitude for Tom's 43 years of service and dedication.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
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News
Boise Cascade curtails lumber operations in Chapman, AL
Rhea-AI Summary
Boise Cascade Company (Boise Cascade) (NYSE: BCC) has announced an indefinite curtailment of its lumber production in Chapman, AL, affecting approximately 80 positions. The plywood operations at the Chapman location are not part of the curtailment. Operations will cease on January 28, 2024, due to required future investments and overall profitability challenges. The decision was difficult but necessary after evaluating various factors over the past year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
Tags
none
-
News
Boise Cascade Moves Distribution Location to Modesto, CA
Rhea-AI Summary
Boise Cascade Company (BCC) completes purchase of 20-acre property in Modesto, CA, for its Building Materials Distribution (BMD) division. The new facility includes office space, 190,000 sq. ft. warehouse served by rail. The move aims to better serve the market and aligns with the company's growth strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
none
News
Boise Cascade Company Reports Third Quarter 2023 Results
Rhea-AI Summary
Boise Cascade Company reported net income of $143.1 million, or $3.58 per share, on sales of $1.8 billion for Q3 2023, compared to net income of $219.6 million, or $5.52 per share, on sales of $2.2 billion for Q3 2022. The company recently completed the acquisition of BROSCO and expects to navigate market uncertainties as demand for new residential construction evolves.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
earnings
Stock BCC logo
Boise Cascade Co

NYSE:BCC

BCC Rankings

#1136 Ranked by Market Cap
#525 Ranked by Stock Gains
#1977 Ranked by Dividends

BCC Stock Data

5.50B
39.14M
0.88%
99.55%
2.94%
Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
Wholesale Trade
Link
US
Boise

About BCC

boise cascade has a proven track record of providing quality wood products and a nationwide building materials distribution network for our customers, helping them to enhance their own businesses. boise cascade manufactures engineered wood products, plywood, lumber, and particleboard and distributes a broad line of building materials, including wood products manufactured by the company’s wood products division. boise cascade is a public company traded on the new york stock exchange under the symbol bcc and headquartered in boise, idaho.