Anthony Pettinari

can you just talk generally about the level of conservatism in the second half guide

did the number or the composition of businesses that you consider noncore change

in your major categories are you is your volume performance basically in line with the broader industry

is it possible to generalize kind of the volume performance of these focus categories

if you could give any more detail on the $1 billion under review that isn't the North American bev business

Is there an underlying assumption that organic growth is going to be positive in fiscal 2026

do you expect that those could be impactful at all to synergy targets or timeline?

with the reinstatement of the full year guide, is it fair to think of that as just kind of a one-time action

was there anything notable in terms of the exit rate in the first quarter? Was that stronger or weaker?

is there a way to think about the quarterly cadence of the timing of the $50 million restructuring benefits throughout the year?

can you talk about how RFID and maybe other IoT technologies, you know, coexist in an environment like Walmart

you talked about not being satisfied with the growth trajectory in IL. And I think you talked about efforts to improve network efficiency and expand innovation.

On the last earnings call, you talked about expecting negative net price in 1Q and then I think, you know, a little bit in 2Q.

any finer point you could put on kind of the cadence from 3Q to 4Q versus maybe kind of a normal seasonal cadence

if you could talk a little bit more about Benepack and how that fits into the existing European footprint

in terms of sort of profitability, I mean, very roughly, is there a time frame

Did that repeat or step down in 3Q? Or is that kind of over with

are there any kind of directional about CapEx? And any kind of additional color on the Oregon plant

Would tariffs a smaller part of that $10 million? Or was it separate?

In terms of the impact of One Big Beautiful Bill on your business and thinking maybe especially about bonus depreciations

Can you give us sort of an update on that and especially just how that asset kind of fits into what seems like a little bit of a stronger North American market

if you could kind of characterize the promotional environment in your major markets as we get closer to the summer

can you maybe talk about operating rates or system utilization in Europe? I guess, volume growth has probably been ahead of other regions

could you talk about the drivers of margin weakness at Americas Building Solutions and maybe kind of timing and levers for recovery there?

could you talk a little bit more about sort of the underlying assumptions for aggs and cement volume and price assumptions

I'm wondering if you have any further color on expectations for 2026 and maybe specifically how you're thinking about volume, price and contribution from M&A?

Regarding the full year guidance raise, I was wondering if you could talk a little bit more about the drivers of the increase and maybe any further detail on the underlying assumptions

have you seen any project delays or even cancellations, I guess especially on kind of the private, non-res, commercial side, can you just talk about kind of what you've seen there

I'm wondering if you can give any additional color on kind of some of the moving pieces for the '25 outlook in terms of end-markets segments

talk about any meaningful regional variation you're seeing in terms of demand and any MSAs that stand out

what you're seeing in Texas and Florida, the spring season

I'm just wondering if you could talk a little bit more about the labor piece, what that is year-over-year

do you expect to continue to outgrow the market or maybe could you be more in line with the market

what policies you think could be most helpful or impactful in terms of improving housing activity and getting more folks in homes

it looks like you have relatively strong sales order growth, except in the Southeast. And I'm just wondering if you can give any kind of additional color

what level of labor inflation might be baked into your outlook

the total homes closed in the north and the east are actually up year-over-year

I wonder if you can give an update on what you are seeing with consumer debt levels and if you are seeing any real change in sort of availability or ability to qualify

Is it possible to talk about sort of how the returns or the gross margin profile of smaller-format homes compares with a more traditional offering

You had pretty favorable stick and brick costs in the quarter, and I was just wondering how you saw those trending in fiscal 1Q

OCC, diesel, at the midpoint, are the assumptions that those remain at current levels or 2Q quarter end levels

would the hike be fully realized like exiting 1Q '27? I'm just trying to figure out how much you would see in calendar

are operating rates where you want them to be? Or are they still maybe a little bit loose because the demand is weak?

what percentage of IP containerboard production in North America will go to an IP box plant? What's your integration rate going to be?

When you look at your confirmed business wins, is it possible to kind of share any observations in terms of are these customers' IP has won back or existing customers

Is it possible to say what July box volumes have looked like in North America and Europe as you start off the quarter?

when you think about sort of degree of difficulty or maybe how much your time is being spent driving these improvements in EMEA versus North America

it sounds like price improvement from the first hike is not baked into the second half improvement

Can you give any additional color on the growth you saw in Watkins and the opportunity or the TAM there

I'm wondering if you've historically seen real sensitivity between gasoline prices and consumer spending for your products

how much of it might just be a sort of a secular shift from DIY to pro, so maybe demand is not being destroyed, it's just being kind of shifted between the channels

I'm wondering if you could talk about assumptions for price cost in 2026. Any commodity cost trends that you call out and any pricing actions that you can talk about

how would you characterize the performance of kind of your best brands. You talked about the strength in Delta, I'm just wondering how Brizo and Hansgrohe

how the brands are performing between good, better, best, so Peerless, Delta, Brizo

Did you see consumers or channel per following the tariff news itself, which I think was April 2nd

has some of the sort of low-hanging fruit in terms of resourcing been picked? Or how do you think about it

would the margin benefit or the dollar amount of cost savings initiatives be similar this year? Would it be greater, maybe smaller

I was wondering if you could talk a little bit more about kind of the cost inflation assumptions embedded in the '25 guidance and any kind of offsetting pricing actions

I'm just wondering if there's any states where you've been surprised on the contract awards data either positively or negatively

I was wondering if you could talk a little bit more about maybe the volume cadence for the 3 months of the quarter and then maybe into October, November, if you've seen any impact from government s...

Just wondering if you could talk more about sort of strategic fit, asset quality maybe how long you've been looking at these assets

can you remind us sort of what the impact of that was? Or if there's sort of an add back we can think about

I'm wondering if it's possible to put a finer point on the volume benefit that you expect in 2025

are you seeing a real divergence in incentive levels between your buyer types

do you see more competition for those kinds of targets? Given a tougher market

were incentive levels fairly steady for the three months of the quarter and maybe the exit rate into April

Lumber has been coming up for the last month and a half. Can you just remind us of the lag in which you would see that

if there were policies that you think could, you know, help with affordability or home construction and help with housing activity

I was wondering if you could talk a little bit more about the 80 bps of impairments in the quarter and maybe the drivers there

how to think about the impact of lower mortgage rates, maybe making those buydowns cheaper for you versus maybe any kind of other offsets

I'm wondering if you could talk a little bit about labor availability and maybe where labor costs might shake out for the full year

do you think there is any element of prebuy there with you know, 2 price hikes in the market

I just can't remember a time where Pulp & Paper Week had 3 consecutive months where it was down before it was up

do you think the incremental opportunity is in recycled?

Should we think about these as sort of like onetime things just for 2026?

if you can quantify that. And then if there are any other major projects maybe on the box plant level

Can you just talk about sort of availability of board in the open market from a PCA perspective

should we expect the timing and implementation of the price hike for the kind of the Greif portion of the business to be pretty much identical to the legacy business?

I'm wondering if it's possible to say how many tons of OCC PCA might buy kind of with the Greif assets

does the CapEx spend for that from '25 to '26, is it sort of directionally similar?

I'm wondering if you can say where PCAs recycled mix will be before and after the Greif acquisition?

is there any tariff impact on any cost categories, whether it's steel or equipment from Europe or China?

how you'd compare it versus maybe sort of average box plant in your system with whatever metric you'd think about

is it possible to say just kind of order of magnitude, what percentage of customers you've moved off of RISI?

of the $840 million to $870 million, how much of that is those four big box plant projects?

I was wondering if you could talk about your internal inventory levels given the mill system is sold out

did you see any pre-buy in 2Q in containerboard or boxboard, you know, given there are some hikes in the market?

there's a comment around the substrate agnostic approach delivering for you. Can you just talk a little bit about your consumer business and how that is performing relative to your expectations aro...

when you would expect to see the most recently realized price hike, the $50 a ton net from Pulp and Paper Week in April. Like when should that flow through for you

you talked about the consumer business adding a lot to the company. And I guess just with -- in that regard and with the La Tuque announcement, can you just talk a little bit more about kind of the...

Can you give us an update on where you maybe thought pricing would shake out midyear versus where you are

we've heard a lot about cost inflation and particularly electricity with demand from AI and data centers

can you remind us what your integration rate is in corrugated and consumer

can you just tell us what your customers are telling you in Mexico and what that volume number was

what the potential impacts could be either directly or indirectly when you look at your footprint. And I guess I'm specifically interested in -- you have a large Mexican business

in North American consumer, is it possible to say, how volumes or demand has trended quarter-to-date

can you talk a little bit more about the puts and takes on demand and maybe specifically what gives you confidence

I'm just wondering if you can give us any more detail in terms of magnitude, percentage of your markets that might cover timing

Last quarter, I think you mentioned maybe delays in bids translating to bookings, as something that maybe you're seeing a little bit more

it seems like Climate Solutions EBITDA was like $14 million in 1Q, $13 million in 2Q

is the goal there really to enter new markets where you're not present or underpenetrated

is it just really about lumber recovery flowing through the Western log prices

I was wondering if you could talk about operating rates in lumber and OSB

if public timber REITs are moving, I guess, to Coke and Pepsi, like how should investors think about Weyerhaeuser's relative value proposition

can you just talk about kind of guardrails on leverage, the levers that you can pull potentially to delever

Lumber does seem to have stabilized a little bit in recent weeks. And I'm wondering if you had any additional thoughts on what might be driving that

do you see the one big beautiful bill impacting your Natural Climate Solutions business