Content about Boise Cascade

September 29, 2014

Friday looked kindly upon HCN stocks, especially Boise Cascade (BCC), which rose 3.04% to a share price of $31.20.

August 28, 2014

Stocks were lagging behind at Thursday's close; Boise Cascade, Lumber Liquidators, LP, and both Sears stocks all fell by more than 1%.

August 1, 2014

For a company whose fortunes are tied to up-and-down housing starts and remodel-and-repair activity, Boise Cascade has found a way to establish stability for itself in the marketplace.

Its steadfastness is noticed within the industry, because the Boise, Idaho-based lumber supplier and building materials distributor garnered enough nominations to win the 2014 Golden Hammer Award in the Lumber & Plywood category.

July 31, 2014

Kris Matula and Mack Hogans are the newest addition to Boise Cascade's board of directors, the company announced Wednesday. The two join the board as longtime member Samuel Mencoff resigns.

Matula is the retired president and CEO of cellulose-based product manufacturer Buckeye Technologies, which Georgia-Pacific acquired in 2013. Before his time at the head of the company, Matula served as Buckeye’s CFO. He’ll serve on Boise Cascade’s compensation committee.

July 24, 2014

Boise Cascade posted solid numbers for its second quarter earnings report.

Net sales of $961.2 million for the three months ended June 30 marked a 13% improvement over last year's $852.3 million in sales. Meanwhile, net income came in at $26.4 million, up from $10.4 million in the second quarter of 2013.

June 26, 2014

Boise Cascade is opening a new distribution center in the Kansas City metro area. The facility, in Lee`s Summit, Missouri, will focus on serving customers within a 150-mile radius of Kansas City.   

May 5, 2014

Boise, Idaho-based Boise Cascade has announced that Tom Lovlien, president of the company’s Wood Products division, has retired, effective June 30, 2014. 

April 7, 2014

Very few stocks managed to get ahead on Friday; Boise Cascade (BCC), Sherwin-Williams (SHW) and WD-40 Company (WDFC) all took hits of 3% or more. 

February 21, 2014

Boise Cascade did well for itself in the fourth quarter of 2013, with sales and income both benefiting from robust year-end growth.

Net sales for the three months ended Dec. 31, 2013, were $798.3 million, up from $694.6 in the fourth quarter of 2012. Income for the quarter came in at $9.8 million, a considerable improvement from 2012's $1.2 million take-home total.

For the full year, sales were up 17.8% at $3.27 billion; income was up 182% at $116.9 million.

December 11, 2013

HCN Top 30 stocks were largely lagging at Wednesday’s close, with only Boise Cascade (BCC) and Builders FirstSource (BLDR) making substantial gains.

October 22, 2013

Boise Cascade (BCC) was up 7.01% to $26.85 on a relatively slow day for stocks.

October 17, 2013

Chicago -- The difficult task of looking into the future from the vantage point of a Wall Street investor -- and sharing that view with home improvement researchers -- fell upon Joshua Rosenbaum, of UBS.

And the key to the future, he said, is jobs.

October 15, 2013

Boise Cascade (BCC) was down 0.27% on Tuesday, a total reversal from Monday’s gain of the same percentage.

September 10, 2013

Two-step distribution is riding a housing recovery for both LBM and hardware.

Sales gains and growth were the major themes of the HCN Top 300 Retailer and Top 200 Pro Dealer Scoreboards released earlier this year.

So it’s only logical that the HCN Top 100 Distributor Scoreboard shares in that growth, fueled by rising prices on certain products and a long awaited — though staggering and somewhat unreliable — housing market recovery.

May 2, 2013

Boise Cascade posted first-quarter sales of $744.9 million, an increase of 26.9% compared with the same quarter last year.

March 15, 2013

For stock market advice, I always turn to my dad. He's not a stockbroker. But he has watched almost every episode of "Wall Street Week" since the mid-1970s. Now that he's retired, he sometimes watches the same episode of "Mad Money" twice in the same day. (The hands-down superiority of Louis Rukeyser over Jim Cramer will be discussed in a future editorial.)

Here's what my dad said about newly public Boise Cascade: "I like companies with tangible products — like building materials."

February 7, 2013

After a successful initial public offering Wednesday, shares of the newly public Boise Cascade continued to perform well on Thursday.

December 13, 2012

During a ceremony at the ProDealer Industry Conference in Savannah, Ga., Boise, Idaho-based BMC received the HCN Pro Dealer of the Year award. Here are the facts behind the award and the 2012 ceremony. 

The award criteria

The HCN Pro Dealer of the Year Award is presented annually to a lumber and building material dealer based on three main criteria: high performance, innovation and corporate behavior that reflects the values of the LBM industry.

September 6, 2012

Boise Cascade's Building Materials Distribution will begin carrying all AZEK product lines through its Baltimore, Md. facility, making them available to Boise’s customers throughout the Maryland, Virginia, Delaware, Central Pennsylvania and Eastern West Virginia.

The AZEK products offered will include AZEK exterior building trim, mouldings; decking, porch and railing products. In the past year, AZEK composite pavers have been added to the line-up.

May 3, 2012

Boise Cascade Holdings has announced sales of $587 million for its first fiscal quarter of 2012, a 21% increase over the same quarter a year ago. The wood products company reported first-quarter net income of $1.66 million, compared with a $19.0 million loss during the first quarter of 2011. 

As of March 31, Boise Cascade had total available liquidity of $371.9 million, with $164.4 million in cash and committed bank line availability of $207.5 million.

April 10, 2012

Boise Cascade’s Building Materials Distribution has closed its facility in north Dallas and moved the operations to another expanded Dallas location. The Duncanville Road expansion includes an additional six acres of concrete paving for outside storage, an additional 10-car rail spur, and a nearby 154,000-sq.-ft. fully enclosed warehouse.

January 23, 2012

Boise Cascade announced Jan. 17 that it was adding 40 positions to its Western Oregon Region mills in Medford, White City and Willamina, according to an article in the Oregon Mail Tribune.

Company spokesman R.J. Roberts told the newspaper that the Idaho-based wood products supplier has increased market share for its plywood and engineered wood panels, both in domestic and Canadian markets.

January 23, 2012

Boise Cascade announced Jan. 17 that it was adding 40 positions to its Western Oregon Region mills in Medford, White City and Willamina, according to an article in the Oregon Mail Tribune.

Company spokesman R.J. Roberts told the newspaper that the Idaho-based wood products supplier has increased market share for its plywood and engineered wood panels, both in domestic and Canadian markets.

January 5, 2012

Boise Cascade’s Building Materials Distribution has moved its Portsmouth, N.H., operation into an expanded distribution facility in Greenland, N.H., the company announced. The new facility, located four miles away, includes 15 acres of yard space, 120,000 sq. ft. of warehouse space and 9,000 sq. ft. of office space.

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