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Forestry Business

Weyerhaeuser reports first quarter profit

May 3, 2026 | 12:00 AM

Weyerhaeuser is reporting a first-quarter profit of $156 million on sales of $1.7 billion. 

The company says in a news release that it recorded an $83 million profit over the same time last year and a profit of $74 million over the last three months of 2025. 

Weyerhaeuser owns a sawmill located south of Grande Prairie. 

The company’s wood products division made $42 million in the first quarter and had a $78 million loss in the final quarter of last year.  

Weyerhaeuser says lumber prices went up 13 per cent in the first three months of this year compared to the quarter before.