Net earnings for Q1 2026 were $156 million, or $0.22 per share, compared to $83 million, or $0.11 per share, in Q1 2025. Net sales decreased to $1.727 billion from $1.763 billion in the same period last year. Operating income rose to $247 million, a 38% increase year-over-year. Strategic Land Solutions segment saw a 120% increase in net sales, largely due to a $94 million conservation easement sale. Wood Products segment net sales declined by 10% to $1.164 billion due to lower sales realizations across most product lines.