West Fraser Timber announced its upcoming Q1 2026 financial results call and provided updates on U.S. export duties and operations. The U.S. Department of Commerce's preliminary rates for softwood lumber duties are expected to reduce the company's cash deposit rate from 26.47% to 20.70%, but West Fraser will record a $73 million non-cash charge related to 2024 export duties and expects an additional $41 million charge from updated estimates. The company also expects a $15 million refund from prior duty reviews. Operationally, full production resumed at its Blue Ridge Alberta mill after a fire, and a new facility in Texas started production, while another Alberta mill will close by April's end. Lumber prices improved in Q1 2026 compared to Q4 2025, signaling a positive market trend. The detailed Q1 results will be released on April 29, 2026.
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