Wood
Products reports strongest quarterly earnings since 2005; Board of Directors
increased dividend by 18 percent on April 11 to 20 cents per share;
Weyerhaeuser upgraded to investment grade on improved performance
Weyerhaeuser
Company today reported net earnings of $144 million, or 26 cents per diluted
share, for the first quarter. This compares with net earnings before special
items of $9 million, or 2 cents per diluted share, for the same period last
year. Net sales for the first quarter of 2013 totaled $2.0 billion, compared
with net sales of $1.5 billion for the first quarter of 2012.
