Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s): CWXZF

Consumer Cyclical Home Furnishings & Fixtures

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 21 treating plants, two specialty planing mills and five specialty sawmills located in nine states, distributing, producing and treating lumber, fencing and building materials servicing the central United States; it serves the United States west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 15 locations across all the islands. The Company’s Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations.

TSX:DBM - Post by User

Doman Building Materials Group Ltd > Hanging In

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Comment by Stocker46on May 02, 2023 11:29am

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Post# 35425168

RE:RE:RE:Hanging In

5 analysts at TD Investments estimate EPS for 1st Q between 6 & 11 cents.
I noticed their previous estimates always seem to give DBM an easy target.
Even with these low estimates, I'm not confident DBM will beat them.

Lumber futures dropped in 1st Q & are still going in the wrong direction. They climbed above $400 for a few days in mid April but have been in the $300s since then. Today they're currently at $335 ... you have to go back to mid May 2020 (almost 3 years ago) for lumber futures at this level.

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