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Weyerhaeuser posts Q2 net earnings of US$173M on net sales of US$1.94B, compared with year-ago net earnings of US$230M on net sales of US$2.0B; fee harvest volumes in West and South up moderately from Q1, as operating conditions were seasonally favorable
Published: July 26, 2024 by Weyerhaeuser Co.
Zacks: Weyerhaeuser's Q2 earnings and sales lag estimates, declined year-over-year due to challenging lumber market; however, WY showed resilience with improved adjusted EBITDA in all business segments, announcement of high-quality timberland acquisitions
Published: July 26, 2024 by Zack's Commentary
Weyerhaeuser acquires 84,300 acres of timberlands in Alabama for US$244M, enhancing Southern Timberlands portfolio; acquisitions expected to yield average of 6.4 tons/acre annually, increase company's total Alabama timberlands to about 695,000 acres
Published: July 26, 2024 by Weyerhaeuser Co.
J.D. Irving's Grand Lake Timber in Chipman, New Brunswick, welcomes new Plant Manager Scott Davis; Davis brings nearly a decade of forestry experience from Weyerhaeuser and Canfor
Published: July 26, 2024 by J.D. Irving Ltd.
RBC highlights wood products news for week of July 22: Lumber pricing increases, and OSB flat; Weyerhaeuser indefinitely curtails 100 mmbf/year sawmill in New Bern, North Carolina; GreenFirst appoints new CFO; June housing starts 4.1% ahead of consensus
Published: July 25, 2024 by RBC Capital Markets LLC

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