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Boise Cascade Company 1111 West Jefferson Street , Suite 300 Boise , ID 83702 News Release Investor Relations Contact - Kelly Hibbs 208 384 3638 For Immediate Release : November 1 , 2021 Exhibit 99.1 Boise Cascade Media Contact - Lisa Tschampl 208 384 6552 Boise Cascade Company Reports Third Quarter 2021 Results BOISE , Idaho - Boise Cascade Company ( " Boise Cascade , " the " Company , " " we , " or " our " ) ( NYSE : BCC ) today reported net income of $ 91.7 million , or $ 2.31 per share , on sales of $ 1.9 billion for the third quarter ended September 30 , 2021 , compared with net income of $ 103.2 million , or $ 2.61 per share , on sales of $ 1.6 billion for the third quarter ended September 30 , 2020. Third quarter 2020 results include a $ 10.5 million after - tax loss on extinguishment of debt , or $ 0.27 per share , as the Company refinanced its senior notes . " Strong sales of our engineered wood and general line products helped to mitigate the negative impact of historic declines in commodity products pricing during the quarter . Our associates ' performance was outstanding in the face of a very challenging backdrop , " stated Nate Jorgensen , CEO . " Looking forward , we are optimistic about the demand environment for new residential construction for the balance of this year and 2022. In addition , we recently announced additional dividends to our shareholders , and our balance sheet strength provides us the ability to remain focused on the execution of our strategies , including future organic and acquisition growth opportunities . " Third Quarter 2021 Highlights Consolidated Results Sales Net income Net income per common share - diluted Adjusted EBITDA 1 Segment Results Wood Products sales Wood Products income Wood Products EBITDA 1 Building Materials Distribution sales Building Materials Distribution income Building Materials Distribution EBITDA 1 3Q 2021 3Q 2020 % change ( in thousands , except per - share data and percentages ) $ 1,879,451 $ 1,589,313 18 % 91,699 2.31 149,313 103,192 ( 11 ) % 2.61 ( 11 ) % 178,564 ( 16 ) % 497,316 $ 363,674 37 % 122,056 66,035 85 % 135,970 79,973 70 % 1,721,244 1,437,683 20 % 16,565 22,578 107,901 ( 85 ) % 113,587 ( 80 ) % For reconciliations of non - GAAP measures , see summary notes at the end of this press release . In the third quarter 2021 , total U.S. housing starts increased 8 % compared to the same period in 2020. Single - family housing starts , the primary driver of our sales volumes , also increased 5 % . On a year - to - date basis through September 2021 , total and single - family housing starts both increased 20 % compared with the same period in 2020 .