Weyerhaeuser Co Q1 2023 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : Thank you. Good morning, everyone. Our first question is on the DIY segment of the R&R market. Devin, I know you gave some comments there on the activity that you're seeing. But as we get into the spring, what's the tone from your customers there? And how are you thinking about the spring playing out?

Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : Okay. That's helpful. And then looking at the EBITDA margin in lumber and OSB, it was really impressive, given what you're seeing from a pricing perspective. And it does seem like it reflects some of the benefits of the productivity initiatives that you have put in place in the last couple of years. How are you thinking about the production costs going forward, just given the various puts and takes there? And with that, is there any update generally on OPX 2.0? Any thoughts on how you're progressing against the $175 million, $200 million target for '25?

Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : And any thoughts just on those production costs for lumber and OSB as we get into the spring?