Canfor Corp
CFP: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| rc | LOCK|pR^ | LOCK|fCW&>bj |
Canfor Earnings: Lower Prices and Tepid Demand Weigh on Lumber Markets
Canfor's second-quarter net sales were roughly flat with a year ago. However, the company reported a CAD 251 million operating loss, driven by weak lumber market conditions in the US that led to asset write-downs and impairment charges in the quarter.
