Company: LPX
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038227
Chunk: 20

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 20
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 by strategic investments in sales and marketing - $2 million in the quarter and $7 million year to date - as well as tariff expenses of $3 million for the quarter and $5 million year to date.

OSB

The OSB segment manufactures and distributes OSB structural panel products, including the innovative value-added OSB product portfolio known as LP®Structural Solutions (which includes LP® TechShield®Radiant Barrier, LP WeatherLogic®Air & Water Barrier, LP Legacy®Premium Sub-Flooring, LP NovaCore®Thermal Insulated Sheathing, LP® FlameBlock®Fire-Rated Sheathing, LP® TopNotch®350 Durable Sub-Flooring) and LP® Oriented Strand Board.

Segment net sales and Adjusted EBITDA for this segment were as follows(dollar amounts in millions):

                       Three Months Ended June 30,                                       Six Months Ended June 30,                          
                       2025                                      2024      % Change      2025                           2024      % Change  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Net sales            $                                250      $         (29)          $                              $         (22)      
  Adjusted EBITDA      19                                        125       (85)          73                             215       (66)      

Net sales in this segment by product line were as follows(dollar amounts in millions):

                                  Three Months Ended June 30,                                       Six Months Ended June 30,                          
                                  2025                                      2024      % Change      2025                           2024      % Change  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  OSB - Structural Solutions      $                                143      $             (28)      $                              $             (23)  
  OSB - commodity                 104                                       149           (30)      224                            283           (21)  
  Other                           3                                         4             (39)      7                              9             (21)  
  Total                           $                                250      $             (29)      $                              $             (22)  

Percent changes in average net sales prices and unit shipments for the three and six months ended June 30, 2025, compared to the corresponding periods in 2024, were as follows:

                                  Three Months Ended                            Six Months Ended                          
                                  June 30,