Sawmills Struggling, Laying Off Staff Due to Housing Slump

Sawmills struggling, laying off staff due to housing slump

The timber industry was bracing for supply shortages to meet increased demand for housing. Instead, they are now struggling to sell their products.

West Fraser Earnings Reveal Market Headwinds: Lumber Giant Slashes 2025 Shipment Forecast Amid Housing Slowdown

West Fraser reports $1.532B in Q2 sales but faces headwinds in wood products demand. See revised guidance and management outlook for housing market challenges.

Q2 EPS Estimate for West Fraser Timber Decreased by Analyst

West Fraser Timber Co. Ltd. (NYSE:WFG – Free Report) – Equities research analysts at Scotiabank lowered their Q2 2025 earnings estimates for shares of West Fraser Timber in a report issued on Monday, July 21st. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of $0.95 for the quarter, down […]