Sales Growth and Strategic Acquisitions
Net sales increased to $749 million, with strategic acquisitions like Disdero Lumber Company contributing to growth in specialty products and geographic expansion.
Strong Liquidity Position
The company maintained a strong liquidity position with approximately $680 million available, supporting strategic initiatives and shareholder returns.
Volume Growth in Key Product Categories
Engineered wood products and outdoor living product volumes grew by low double digits and low single digits respectively, defying market trends.
Digital Transformation and AI Advancements
Progress in digital transformation with Phase 1 completing this year and advancements in AI for improved efficiency and productivity.
Specialty Products Price Stabilization
Market-driven price deflation for specialty products stabilized with pricing flat in Q3 compared to a high-single-digit drop the previous year.