Oct 30 (Reuters) - Weyerhaeuser (WY.N) , opens new tab reported an increase in third-quarter profit on Thursday, helped by higher sales and a recovery in its timberlands and real estate segments.

Housing activity has been recovering amid hopes that easing mortgage rates would stimulate demand for new construction, boosting sales at companies such as Weyerhaeuser, which sells timber and other wood products.

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The company's net sales rose more than 2% to $1.72 billion during the third quarter.

Adjusted core profit from its timberlands segment came in at $148 million, compared with $122 million a year earlier, while that of the real estate unit jumped more than 18% to $91 million.

The results come after the Trump administration imposed tariffs of 10% on imported timber and lumber.

Weyerhaeuser owns or controls about 10.5 million acres of timberlands in the U.S., primarily in the West, South and Northeast.

The company said it completed two acquisitions totaling $459 million during the third quarter, while also advancing three divestiture packages of non-core timberlands worth $410 million.

It posted a profit of $80 million, or 11 cents per share, for the quarter ended September 30, compared with $28 million, or 4 cents per share, a year earlier.

https://www.reuters.com/business/timber-firm-weyerhaeusers-quarterly-profit-rises-higher-sales-2025-10-30/