Boise Cascade, L.L.C. (BCC) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. My name is Cory and I will be your conference facilitator today. At this time, I would like to welcome everyone to Boise Cascade's second quarter 2025 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remark, there will be a question and answer session. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising you that your hand is raised. Please be advised that today's conference is being recorded. It is now my pleasure to introduce Chris Forie, Vice President of Finance and Investor Relations of Boise Cascade. Mr. Forie, you may begin your conference. Thank you, Cory, and good morning, everyone. I'd like to welcome you to Boise Cascade's second quarter 2025 earnings call and business update. Joining me on today's call are Nate Jorgensen, our CEO, Jeff Strum, our COO, Kelly Hibbs, our CFO, Troy Little, head of our wood products operations, and Joe Barney, head of our building material distribution operations. Turning to slide 2, this call will contain forward-looking statements. Please review the warning statements in our press release, on the presentation slides, and in our filings at the SEC regarding the risks associated with these forward-looking statements. Also, please note that the appendix includes reconciliations from our Gap Net Income to EBITDA and Adjusted EBITDA and Segment Income to Segment EBITDA. I will now turn the call over to Nate. Thanks, Chris. Good morning, everyone. Thank you for joining us for our earnings call today. I'm on slide number 3. Total U.S. housing starts and single-family housing starts decreased 1% and 8% respectively compared to the prior year quarter. Our consolidated seco...