![WEYERHAEUSER CO [WY] reports annual net loss of $839.0 million](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FWY.png&w=3840&q=75)
WEYERHAEUSER CO [WY] reports annual net loss of $839.0 million
Company Reports Revenue of $7.7 billion
WEYERHAEUSER CO [WY] has reported a net loss of $839.0 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $7.7 billion
Based in SEATTLE, Washington, WEYERHAEUSER CO operates in the FINANCE sector.
The financial performance of the company for the 12 months ended December 31, 2023, compared to the same period in 2022 and 2021, reflects a trend of declining net sales. In 2023, net sales amounted to $7.674 million, a decrease from $10.184 million in 2022 and $10.201 million in 2021.
Costs of sales stood at $5.992 million in 2023, lower than the figures of $6.564 million in 2022 and $6.103 million in 2021. This resulted in a gross margin of $1.682 million for 2023, significantly down from $3.620 million in 2022 and $4.098 million in 2021.
