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DewDiligence

07/28/20 7:14 PM

#22635 RE: DewDiligence #22620

Factoid—WY has more than doubled off its low of $13.10 on 3/23/20. This is despite suspending the dividend in April. The run-up in the price of lumber has helped (#msg-156810717).
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DewDiligence

07/31/20 6:35 PM

#22663 RE: DewDiligence #22620

WY 2Q20 items…

PR:
https://finance.yahoo.com/news/weyerhaeuser-reports-second-quarter-results-040500037.html

CC slides:
http://investor.weyerhaeuser.com/download/WY+Q2+2020+Earnings+Web+Slides.pdf

The Wood Products (i.e. manufacturing) segment performed well in 2Q20 and is expected to do even better in 3Q20 due to the surging price of lumber.