Doman Building Materials

Doman Building Materials reported adjusted EPS of $0.36 in the second quarter, beating estimates, while revenue of CAD 904.5 million was slightly below expectations. Gross margin remained steady at 16.1% and net profit increased, but adjusted EBITDA fell slightly. The stock dropped after the results as management gave a cautious outlook and said it does not plan to provide formal guidance. Future growth is expected to be supported by new sawmills, expansion in the fencing segment and tariff advantages; risks include weak demand, lumber price volatility and higher operating costs. » Plus sur de.investing.com

Doman Building Materials reported Q1 2026 EPS of CAD 0.27 versus an expected CAD 0.168 (+60.7%), while revenue of CAD 762 million missed the forecast of CAD 784.33 million by 2.85%. Revenue fell 3.9% year‑on‑year, but gross margin improved by 30 basis points to 17.0%, and EBITDA declined only slightly to CAD 68.1 million. The company attributed the strong earnings to disciplined cost management and strategic material sourcing; the stock rose 1.66% to CAD 10.44 after the release. For 2026 it forecasts EPS of CAD 0.19 for Q3 and CAD 0.15 for Q4 and plans investments in fence products and domestic production capacity to improve margins. » Plus sur de.investing.com

Moody's affirms Doman's B1 Corporate Family Rating and upgrades the outlook from negative to stable. The agency assigned a B2 rating to the planned increase of senior unsecured notes and raised the liquidity rating from SGL-4 to SGL-3. Doman intends to use the proceeds of the increase plus about CAD 100 million from the ABL facility to repay CAD 272 million of notes maturing in May 2026, which improves refinancing risk and the maturity profile. Moody's expects leverage to decline but remain around 4x, yet sees seasonally noticeably tight liquidity in H1 2026 in the short term; pro forma there are about CAD 350 million of liquidity sources against cash outflows. » Plus sur de.investing.com