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Boise Cascade Company - $BCC STOCK NEWS

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

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 Company'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 Company's position in the market.

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
News
Boise Cascade Company Announces Quarterly and Special Dividends
Rhea-AI Summary
Boise Cascade Company has declared a quarterly dividend of $0.20 per share and a special dividend of $5.00 per share to its common stockholders. The dividends will be paid on December 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
Tags
dividends
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News
Boise Cascade Announces Promotion of Executive Leaders
Rhea-AI Summary
Boise Cascade Company announces the promotion of four business leaders. Troy Little promoted to SVP, Finance and Commodity Sales, Wood Products. Joanna Barney promoted to SVP, Building Materials Distribution (BMD) Western Operations. Jim Wickham promoted to SVP, BMD Eastern Operations. Nathan Sikes promoted to VP, Sales & Marketing, BMD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
Tags
management
-
News
Boise Cascade adds new distribution warehouse in West Palm Beach, FL
Rhea-AI Summary
Boise Cascade Company's Building Materials Distribution division completes purchase of new warehouse and distribution facility in West Palm Beach
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
none
News
Boise Cascade Company Third Quarter 2023 Earnings Webcast and Conference Call
Rhea-AI Summary
Boise Cascade Company to host webcast and conference call to discuss 2023 third quarter earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
earnings
-
News
Boise Cascade Completes Acquisition of Brockway-Smith Company
Rhea-AI Summary
Boise Cascade completes acquisition of Brockway-Smith Company, a leading wholesale distributor specializing in doors and millwork.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.58%
Tags
acquisition
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News
Boise Cascade plans new door shop facility in Commerce City, CO
Rhea-AI Summary
Boise Cascade plans to add a door shop in Commerce City, CO, expected to be complete in Q4 2023. The facility aims to expand their millwork products in a fast-growing market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.71%
Tags
none
News
Boise Cascade Reaches Agreement to Purchase Brockway-Smith Company
Rhea-AI Summary
Boise Cascade to acquire BROSCO for $172 million, expanding its millwork business. BROSCO's high-capacity manufacturing and loyal customer base seen as positive for Boise Cascade. Closing expected in early Q4 2023, subject to customary conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
none
Stock BCC logo
Boise Cascade Company

NYSE:BCC

BCC Rankings

#1187 Ranked by Market Cap
#525 Ranked by Stock Gains
#1971 Ranked by Dividends

BCC Stock Data

5.26B
39.14M
0.88%
99.55%
2.94%
Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
Wholesale Trade
Link
United States of America
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.