Louisiana-Pacific Corporation reported second-quarter net sales of $664 million, a $90 million decline from the prior year, while adjusted EBITDA fell $63 million to $79 million. The company guided that EBITDA for its OSB segment would fall to approximately negative $45 million in the third quarter and to negative $120 million for the full year, assuming flat prices. Siding revenue increased 4% year over year, and the company expects the siding business to return to year-over-year volume and revenue growth in the third quarter, with revenue guidance of $460 million to $470 million. Capital expenditure guidance was reduced by $70 million to $320 million, with siding projects accounting for roughly three-quarters of the total. CFO Alan Haughie is set to retire on September 1, 2026, with Aaron Howald transitioning to the role.
Louisiana-Pacific CorporationOSB segment EBITDA loss guidance of $45M in Q3 and $120M for full year, with adjusted EBITDA down $63M.
