BOISE, Idaho — Boise Cascade reported fourth quarter net income of $97.5 million, or $2.44 per share, on sales of $1.6 billion. For the full year 2023, Boise Cascade reported net income of $483.7 million, or $12.12 per share, on sales of $6.8 billion. “We closed out 2023 with a fourth quarter that delivered strong financial performance, further execution of our growth strategies through organic and acquisition initiatives, and meaningful returns to our shareholders through share price gains and dividends,” stated Nate Jorgensen, CEO. “As we look forward to 2024, we are optimistic about new single-family residential construction activity and have great confidence in our people to execute our strategy independent of the market backdrop.”
In the Financial Times: Mike Brown, Executive VP of Wood Products, will retire effective May 3, 2024. Troy Little is his successor.