Boise Cascade Is Revamping Oakdale—Could This Bold Move Help Improve Margins?

Boise Cascade’s fourth quarter and full-year 2024 results reflect a mix of achievements and challenges. For the full year, Boise Cascade recorded a net income of $376.4 million or $9.57 per diluted share. This performance was supported by growth initiatives in their distribution business, notable capital investments aimed at bolstering their Engineered Wood Products (EWP) growth strategy, and significant capital returns to shareholders. In the fourth quarter, the company faced a decline in U.S. housing starts, with total starts down by 6% and singlefamily starts by 4% compared to the previous year. This downturn contributed to a 5% drop in consolidated sales to $1.6 billion and a reduction in net income to $68.9 million or $1.78 per share, compared to the year-ago period.