Weyerhaeuser Company (NYSE: WY), Federal Way, WA, reported net earnings of $41 million for the first quarter on net sales of $1.5 billion. This compares with net earnings of $99 million on net sales from continuing operations of $1.4 billion for the same period last year.
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\”Even as indicators of a modestly improving U.S. housing market begin to emerge, we remain relentlessly focused on improving our financial performance,\” said Dan Fulton, president and CEO.