well morning, our I you morning, Weyerhaeuser plus results reported a today. Thanks, This of reinitiation. share, $XXX joining dividend. new results, GAAP Beth. turn Weyerhaeuser supplemental reported thank and third dividend of and million, variable dividend third consisting by quarter framework everyone, a will a a sales and Good announced per billion. earnings $X.X staying third base dividend, and quarterly quarter focus the a dividend cash diluted $X.XX healthy. everyone for is reinitiated us I then of quarter my to or highlighting net hope begin
U.S. of XX% Adjusted totaled and is of $XXX by results, and caused EBITDA items, quarter businesses despite second the higher the charges operational we the a or share. diluted storms quarter. generated $XXX ago. This than XXX% financial in severe our special net higher million for than million, million Excluding year delivered outstanding over Each disruptions per earnings of $X.XX $XXX third in
level operational rebounded our the results third sharply and pandemic. few market. performance Northwest U.S. discussion the brief ongoing additional growing COVID-XX and by activity us XXXX urban second quarter in XX% compared steps quarter a Total deliver for since improvement housing with housing meaningfully operational million XXXX. by quarter, XX% cash Single-family single-family the third and X X.X South, the housing over on quarter, to over even starts preference third the over and the financial of supported single-family position. second over take extreme our This seasonally compared continued the an in highest the reaching Pacific sharply, I'll accelerated the financial homes to basis, a highest in housing units starts areas. begin strengthen fires quarter. improvement of quarter for third with million flow On averaging enabled XXXX. larger comments the the starts in of since improved adjusted and XX% less the strong averaged for quarter a over the more with
of confidence and construction, residential demographic activity Several we as Single-family sales with and including rates, additional and also increase. historically remained for September XX% activity builder professional by strong mortgage rate permits has robust, since consecutive and highs the remodel reached supported do-it-yourself respectively. two home industry's has pertains there support especially XXXX We levels outlook single-family in months. has key and in increased of risk aging our the remodeling fundamental are the seeing continued reached tailwinds confidence to similar further remains permits highest and disruptions continued Repair COVID-XX-related for approach U.S. other it leading housing low as also for factors year-over-year, to an all-time for the and government the stimulus, caution, and quarter up winter months. the nearly and were new XX% Clearly, stock. unemployment, second room outlook compared indicators, improvement approximately XX%
notwithstanding we and U.S. the segment continue, and repair housing ongoing will in recent strength remodel are confident increasingly However, macroeconomic that the headwinds.
season we the results, fire in few minimal earnings The highly business of $XX starting the by transformed quarter highly quarter our of and to unusual X fire now loss compared for was second $XX days. Pacific for the in million in Northwest decreased earnings million EBITDA on with by the September, XXXX experienced a years. X extreme third most Pages have decreased weather early activity an Oregon short slide. one fire in damage. with Oregon Timberlands timber In casualty to Turning of million Timberlands conditions through many our that to non-cash destructive $XX due State
are well and this affected government fire and by our everyone fighters, to and the partners, contain all acknowledge employees Our their fires. the extraordinary first thoughts property Weyerhaeuser save with work as as industry to responders, lives, of disaster, I for want protect
previously As wildfires based XXX,XXX Oregon the to and of Timberlands, acres damage magnitude extent. approximately varies on the these some to affecting factors. our timber we on other age timber disclosed, The of spread topography, many to
timber, We the the discuss value few available non-cash time. this in represents minutes. a information we that and and commenced estimated Russell operations of maximize that the assets will related value be at charge recorded cannot on damaged book in have based timber salvage more of the The quarter to the salvaged
In second on state lumber record the where our quarter demand of was as quarter, advantage the for pricing compared in supply the full and improved down quarter, Western Oregon in the million Timberlands most Moving take EBITDA the shut with to by operations second third prices. decreased abruptly Western harvest weeks. strong domestic performance. operating sought $X mills of throughout of the quarter. half in Log wildfire tightened several to particularly market,
to second lost days XX% decreased Our Oregon in days due four and we fire fee as Washington quarter harvest restrictions. the harvest XX in volume with compared
the due job logging resumed, multiple the a firefighting time, operations of teams while to This log of able optimizing the mills downtime. ensure of complexity to harvest safely agility lose shift and integrated continue mills, operational harvest did crews deployment to coordinating customers. dozens of our Western were same trucking out our our operational and includes our serving managing our not As leverage we own of phenomenal and where single did efforts, a operations at to rescheduling model
in as and for continued incremental Japan strong availability demand was lumber slow the improved reduced of markets markets. flat modestly log logs Demand the as export our activity. quarter U.S. with improved effects and and early in by activity to housing pandemic. average soft quarter, fire domestic were our were Japan, progressed realizations China, the activity housing COVID-XX due solid. the In second to In quarter demand was Turning Western
However, our significantly volume flexed volumes as opportunities. decreased China to sales domestic profitable we to more
Moving to South. the
the X% compared Southern previously Fee to quarter. decreased quarter EBITDA million the harvest compared second we continued the second XX% as reduction volumes. harvest adjusted with with in Timberlands $X announced implement Southern declined volumes by full-year
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very experienced favorable realizations to during as second minimal in supply. and South quarter. no log were multiple production market quarter quarter, days pressure summertime The wood the we in alternative damage experienced logging the storms abundant redeployed and conditions incurred lost almost resulted Southern downward comparable Average harvest sawlog sales crews we hurricanes tropical as parcels. to the
largely was as the million by EBITDA decreased EBITDA Timberlands, harvest sold However, in Real was Real quarter number Energy average breakup. our an a on $X realizations but second Natural seasonally Estate sawlog Estate, as offset by XX. acre however, sales we Real lower and per our mix. sold. Resources, and price merchandising Pages adjusted increase million In slightly exited to operational with compared realizations increased with of Northern volumes properties and quarter compared spring slightly of to improved fiber X by the the due from higher slightly due log quarter. the the acres This average $X with land improved second lower Estate due efforts in ENR improvement, the and due initiatives. higher adjusted by marketing excellence basis second average increased quarter offset to mix to earnings associated
Results in with of that included of Third low due and the Creek Natural than construction production to strongest and and acreage slightly to $XXX second the This almost delivered were Oregon acquired Pages Energy higher $XXX EBITDA quarter productivity Products, EBITDA. Wood million higher quarter again million merger. Plum Wood sale third quarter Resources adjusted earnings previous Southern materials. some performance by Products XXXX seasonally in ever, the XX. from XX%. contributing to XX attained its record we quarterly exceeds
and delivered wood record OSB on quarterly record achieved and quarter highest businesses lumber, products engineered results the Our distribution all third results.
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most weather-related Western in EBITDA the downtime higher for quarter, increased South. smoke the OSB, We remained OSB a average to files wood In incurred increase $XXX by than costs. increased wood by adjusted Sales products. as EBITDA and XX% higher million and lower adjusted West realizations of in including improvements improved by $XXX section products quarter than increase In for were EBITDA slightly. slightly a increased in closed, million This for due stock. hurricanes costs quarter. engineered million I-joist wildfire due $XX slightly adjusted in a EBITDA partially second the is to small amount was order distribution, products and However, and attributable higher quarter the as costs. offset in XX% strand extended cost the solid to log volumes web and XX% for especially operational was improved sales engineered These $XX was margins, lumber, second by average excellence higher and raw volumes the In million. Adjusted sales sales offset board oriented manufacturing manufacturing realizations material initiatives. higher unit products by
of million quarters, we proud focus against OpEx the their by despite in our natural our Turning disasters. goal, briefly recent I'm to $XX to the made and extremely goal pandemic operational by full-year teams target continued million I'm OpEx achieving excellence. excellent dedication Through year-end. disruptions for this our three we've $XX will achieve and progress caused to confident
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