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Bolt-on additions will further enhance Southern Timberlands portfolio and expand footprint in attractive markets SEATTLE , July 25, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced acquisitions totaling 84,300 acres of high-quality timberlands in Alabama for $244 million. Secured through multiple transactions, the collective acreage is comprised of mature, highly productive timberlands that are well-integrated with existing Weyerhaeuser operations.
Weyerhaeuser's (WY) second-quarter results are likely to reflect softness in construction activities and weak lumber and OSB pricing.
Weyerhaeuser (WY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Raymond, Wash., named second community to receive multi-year investment through the company's THRIVE Program SEATTLE , July 16, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced a commitment to invest $1 million in Raymond, Wash.
Lumber prices closely follow changes in interest rates, impacting demand for new home construction and wood products. Weyerhaeuser Company operates as a REIT with a lumber call option attached, providing exposure to the lumber market without trading futures. Falling energy prices, potentially achieved through Republican energy policies, could reduce inflation, leading to lower interest rates and increased demand for lumber and new home construction.
Webcast and conference call on July 26 at 7 a.m. PT (10 a.m.
SEATTLE , May 21, 2024 /PRNewswire/ -- Devin W. Stockfish, president and chief executive officer, and David M.
Fighting Fires Together campaign raises awareness and helps address mental health challenges of wildland firefighting SEATTLE, May 15, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) and Firefighter Behavioral Health Alliance (FBHA) today announced the launch of Fighting Fires Together, a campaign designed to increase awareness around the importance of mental health support for wildland firefighters and their families. Now in its third year, the partnership between Weyerhaeuser and FBHA provides specialized support and mental health resources for wildland firefighters.
The first-quarter 2024 results of Weyerhaeuser (WY) portray lower fee harvest volumes, a decrease in domestic sales volumes along with high lumber manufacturing and raw materials costs.
While the top- and bottom-line numbers for Weyerhaeuser (WY) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.