Industry Overview:
Lumber Wholesalers

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Call Preparation Questions
How does the company manage seasonal cash flow?
Demand for lumber is highly cyclical, depending on the level of new home construction and volume of home sales; repair and remodeling are somewhat less cyclical.
How does the company protect itself from price fluctuations?
Lumber supply and prices can be volatile, affected by construction levels, variability of domestic supply, Canadian imports, weather, and environmental regulations.
