Clearwater Paper

Clearwater Paper Corp. engages in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. It operates through the Consumer Products, and Pulp and Paperboard segments. The Consumer Products segment manufactures and sells a complete line of at-home tissue products. The Pulp and Paperboard segment produces and markets solid bleached sulfate paperboard for the high-end segment of the packaging industry and offers custom sheeting, slitting, and cutting of paperboard. The company was founded on December 9, 2008 and is headquartered in Spokane, WA.

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Earnings data Q4 2024

Clearwater Paper reports strong 2022 earnings, eyes growth amid challenges

Clearwater Paper's Q4 2022 performance showcased solid net sales and adjusted EBITDA figures, with the tissue segment driving growth and market share gains.
Despite challenges such as operational disruptions and a net loss in Q4, the company reported a substantial increase in full-year net income and adjusted net income per diluted share.
The reduction in net debt, availability for share buybacks, and strategic pricing strategies position Clearwater Paper well for future growth and profitability.
Looking ahead, operational improvements and price adjustments are key strategies to navigate inflationary pressures and drive performance in 2023.

Clearwater Paper reports Q1 earnings, focuses on margin recovery

Clearwater Paper's Q1 2023 performance reflects mixed results across its paperboard and tissue businesses, with a focus on margin recovery and cost management.
The company's strong liquidity position and commitment to disciplined capital allocation position it well for future growth opportunities.
Challenges such as softening demand in paperboard and cash flow constraints in Q1 underscore the need for strategic management and operational efficiency.

Clearwater Paper (CLW) surpasses Q2 expectations, focuses on value-driven growth

Clearwater Paper's Q2 2023 performance exceeded expectations, driven by strong operational execution and improved tissue margins. Despite challenges in paperboard demand, the company showcased resilience and adaptability. Looking ahead, Clearwater Paper aims to maintain favorable operating results in Q3 2023 and capitalize on opportunities for growth and value creation.

Clearwater Paper (CLW) reports robust Q3 earnings and growth strategies

Clearwater Paper's Q3 performance reflects strong financial results, debt reduction, and strategic capital allocation, positioning the company for sustainable growth.
The company's focus on maintaining a strong balance sheet, exploring new business opportunities, and addressing industry challenges underscores a proactive and resilient approach to business management.
With a solid financial foundation, Clearwater Paper is well-positioned to navigate challenges, capitalize on opportunities, and drive long-term value creation for stakeholders.

Clearwater Paper reports robust Q4 earnings, eyes growth through Augusta acquisition

Clearwater Paper's Q4 2023 earnings call highlighted strong performance, strategic acquisitions, and a focus on sustainable growth. The company aims to leverage the Augusta facility acquisition to boost earnings and navigate challenges in paperboard demand and market dynamics. Opportunities lie in driving synergies, capitalizing on market recovery, and maintaining financial resilience.

Clearwater Paper reports strong Q1 earnings amidst operational challenges

Clearwater Paper's Q1 2024 performance reflects strength in the tissue business, strategic financial management, and commitment to financial stability. While facing challenges from disruptions and planned outages, the company remains optimistic for the full year.
Opportunities lie in gradual demand improvement, the Augusta acquisition, and continued focus on generating cash flows. Balancing strengths in the tissue segment with challenges in the paperboard business will be crucial for sustained growth and value creation.
Overall, Clearwater Paper's Q1 2024 earnings call highlights a mix of performance, strengths, challenges, and opportunities that shape the company's financial outlook. With a focus on operational efficiency and long-term growth, Clearwater Paper aims to navigate challenges and capitalize on growth prospects.

Clearwater Paper reports strong Q2 performance amidst strategic changes

Clearwater Paper's Q2 2024 performance reflects growth driven by strategic acquisitions and divestitures, despite challenges like maintenance outages.
The company's focus on operational excellence, divestiture execution, and integration efforts positions them for sustained success and market leadership.
Anticipated recovery in paperboard demand and strong tissue business performance offer opportunities for Clearwater Paper to capitalize on market trends and drive profitability.

Clearwater Paper posts strong Q3 results, shifts focus to paperboard

Clearwater Paper's Q3 performance reflects resilience and strategic realignment towards paperboard packaging.
Despite challenges like external disruptions and margin targets, Clearwater's strengths lie in industry positioning and stability.
Opportunities for growth through strategic investments and product diversification signal a positive outlook.
Balanced capital allocation priorities underscore Clearwater's commitment to sustainable growth and shareholder value.

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Clearwater Paper Corp. engages in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. It operates through the Consumer Products and Pulp and Paperboard segments. The Consumer Products segment manufactures and sells a complete line of at-home tissue products. The Pulp and Paperboard segment produces and markets solid bleached sulfate paperboard for the high-end segment of the packaging industry and offers custom sheeting, slitting, and cutting of paperboard. The company was founded on December 9, 2008 and is headquartered in Spokane, WA.

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality consumer tissue and bleached paperboard today reported financial results for the fourth quarter and year ended December 31, 2023. 2023 FOURTH QUARTER HIGHLIGHTS Strong performance driven by solid operational results and continued strength in tissue Natural gas disruption impacted Lewiston mill operations in November Net income of $18 million, or $1.04 per diluted share and Adjusted EBITDA of.

Clearwater Paper Reports Fourth Quarter and Year End 2023 Results; Strategic Update

Graphic Packaging Hld

ATLANTA and SPOKANE, Wash. , Feb. 20, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE:GPK) ("Graphic Packaging"), and Clearwater Paper Corporation (NYSE: CLW) ("Clearwater Paper"), today announced that Graphic Packaging has signed a definitive agreement to sell its Augusta, Georgia bleached paperboard manufacturing facility to Clearwater Paper.

Graphic Packaging Holding Company to Sell Augusta Paperboard Manufacturing Facility to Clearwater Paper Corporation

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Announces Availability and Timing of Fourth Quarter and Full Year 2023 Earnings Conference Call.

Clearwater Paper Announces Availability and Timing of Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast and Upcoming Investor Conference Participation

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality tissue and bleached paperboard products, announced that it has had to temporarily suspend its operations in Lewiston, Idaho due to uncertainty in natural gas supply and damage caused by extreme cold weather. The company is restarting equipment and production at the facility as weather conditions permit. “We are focused on the safety of our employees and protecting our assets during this perio.

Clearwater Paper Suspended Idaho Operations Due to Severe Weather Conditions

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW) has released its 2023 Sustainability Report, an annual update on the company's progress against its multi-year sustainability goals. The report also announces Clearwater Paper's new strategic sustainability framework, Everyday Responsibility. This forward-looking strategy centers the company's sustainability work and initiatives on three distinct pillars: Resource Stewardship, Trusted Products, and Thriving People and Com.

Clearwater Paper Announces Achievements in Its 2023 Sustainability Report

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW) today announced that President and Chief Executive Officer Arsen Kitch and Senior Vice President of Finance and Chief Financial Officer Sherri Baker will attend Citi's 2023 Basic Materials Conference in New York City on Wednesday, November 29, 2023. Mr. Kitch and Ms. Baker will be available for one-on-one and small-group meetings. ABOUT CLEARWATER PAPER Clearwater Paper is a premier supplier of private brand tissue to maj.

Clearwater Paper to Attend Citi's 2023 Basic Materials Conference

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW) today announced a collaboration with Charter Next Generation (CNG) for an early-to-market initiative to include advanced recycled polyethylene in Clearwater Paper's private label tissue packaging offerings. Advanced recycling includes difficult-to-recycle waste plastics converted into new plastics that perform like virgin materials. The purchase of this material in the place of traditional resins helps to give new life to.

Clearwater Paper Collaborates With Charter Next Generation (CNG) to Launch Circular Polyethylene in Consumer Tissue Packaging

Clearwater Paper reported higher year over year adjusted EBITDA and adjusted net income per diluted share for Q3 2023. The company's Pulp and Paperboard business will face headwinds, given RISI reported an $80 per ton decrease in folding carton prices in the third quarter. Given its debt repayment efforts in the past few years, Clearwater Paper has reached a leverage ratio where debt repayment is less urgent.

Clearwater Paper: Improved Balance Sheet But Headwinds In Paperboard

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW), a premier supplier of quality tissue and bleached paperboard products, today reported that it temporarily suspended certain manufacturing operations at its Lewiston, Idaho facility. An incident impacting the regional natural gas system has resulted in the disruption of natural gas deliveries to the mill and the surrounding areas. “We are focused on the safety of our employees and maintaining our assets while we wait for.

Clearwater Paper Suspends Idaho Operations Due to Regional Natural Gas Pipeline Incident

Clearwater Paper Corporation (NYSE:CLW ) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Company Participants Sloan Bohlen - Investor Relations Arsen Kitch - President and Chief Executive Officer Sherri Baker - Senior Vice President and Chief Financial Officer Conference Call Participants Matthew McKellar - RBC Capital Markets Paul Quinn - RBC Capital Markets Operator Good afternoon. My name is Briana, and I will be your conference operator today.

Clearwater Paper Corporation (CLW) Q3 2023 Earnings Call Transcript

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the third quarter and nine months ended September 30, 2023. THIRD QUARTER HIGHLIGHTS Outstanding performance driven by strong operational results and continued market strength in tissue Net sales of $520 million, down 3% from the third quarter of last year Net income of $37 million, or $2.17 per diluted share Adjust.

Clearwater Paper Reports Third Quarter 2023 Results

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW) will release its third quarter 2023 results on Monday, October 30, 2023. President and Chief Executive Officer, Arsen Kitch and Chief Financial Officer, Sherri Baker, will discuss the results during a conference call that day at 2 p.m., Pacific Time. Registration To register for the conference call, please use this link. After registering, confirmation will be sent through email, including dial-in details and unique confe.

Clearwater Paper Announces Availability and Timing of Third Quarter 2023 Earnings Conference Call and Webcast

Sales are expected to remain stagnant in the second half of 2023 and 2024, keeping investors cautious. Gross profit and EBITDA margins improved significantly during the first half of 2023, boosted by product price raises. The company should keep deleveraging its balance sheet as inventories are higher than usual.

Clearwater Paper: Operations Are Improving And Debt Should Keep Decreasing

Clearwater Paper Corporation has historically been an average to below average business with low and volatile returns on invested capital. The company's low returns on invested capital are due to the capital intensive and competitive nature of the packaging product and tissue product industries. However the current supply/demand dynamics in these industries are favorable for Clearwater and may lead to solid earnings growth over the next 12-18 months.

Clearwater Paper: Set To Benefit From Industry Tailwinds

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW) today announced that President and Chief Executive Officer, Arsen Kitch, and Senior Vice President and Chief Financial Officer, Sherri Baker, will participate in a fireside chat at the 2023 TD Paper & Forest Products Conference in Toronto on Tuesday, September 26th beginning at 10:00am EST. Mr. Kitch and Ms. Baker will also be available for one-on-one and group meetings. ABOUT CLEARWATER PAPER Clearwater Paper is a pr.

Clearwater Paper to Attend TD's Paper & Forest Products Conference

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW) today announced the appointment of Sherri Baker as senior vice president and chief financial officer, effective August 14, 2023, to oversee the company's finance and strategy. Arsen Kitch, president and chief executive officer, said, “On behalf of the board and our leadership team, I am pleased to welcome Sherri Baker to Clearwater Paper. Sherri is a proven leader with more than 25 years of experience building and leading.

Clearwater Paper Appoints Sherri Baker as Chief Financial Officer

Clearwater Paper Corporation (NYSE:CLW ) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants Sloan Bohlen – Investor Relations Arsen Kitch – President and Chief Executive Office Becky Barckley – Corporate Controller and Interim Chief Financial Officer Conference Call Participants Paul Quinn – RBC Capital Markets Operator Thank you for standing by. My name is Dina, and I will be your conference operator today.

Clearwater Paper Corporation (CLW) Q2 2023 Earnings Call Transcript

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the second quarter and six months ended June 30, 2023. SECOND QUARTER HIGHLIGHTS Net sales of $525 million, slightly below the second quarter of last year Net income of $30 million, or $1.75 per diluted share Adjusted net income of $30 million, $11 million higher than the second quarter of last year Adjusted EBITDA.

Clearwater Paper Reports Second Quarter 2023 Results

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW) will release its second quarter 2023 results on Tuesday, August 1, 2023. President and Chief Executive Officer Arsen Kitch and interim Chief Financial Officer and Corporate Controller Becky Barckley will discuss the results during a conference call at 2 p.m. Pacific Time. Registration To register for the conference call, please use this link. After registering, confirmation will be sent through email, including dial in de.

Clearwater Paper Announces Availability and Timing of Second Quarter 2023 Earnings Conference Call and Webcast

Clearwater Paper will do very well this year as there is virtually no maintenance downtime planned. I expect a free cash flow of $6.50 per share based on a $250M EBITDA. Even if the EBITDA drops to $200M in 2024, the FCF/share should exceed $4. Clearwater doesn't pay a dividend. But its 2028 bonds are yielding 7% so an investor could consider a combination of both securities.

Clearwater Paper: Buy The Shares For Capital Gains, Bonds For 7% Yield

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW) today announced participation in the following investor conferences: June 6, 2023 – Arsen Kitch, president and chief executive officer, and Mike Murphy, senior vice president and chief financial officer, will be presenting at Stifel's 2023 Cross Sector Insight Conference in Boston. Mr. Kitch and Mr. Murphy will also be available for 1x1 meetings. June 7, 2023 – Arsen Kitch, president and chief executive officer, and Mike.

Clearwater Paper Announces Participation at Upcoming Investor Conferences

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW) announced today that the Science Based Target initiative (SBTi) has validated the company's climate targets. These targets include reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 29.1 percent and absolute Scope 3 GHG emissions by 25 percent by 2030. The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climat.

Clearwater Paper Announces Science Based Targets Initiative Validation for Climate Targets

Clearwater Paper Corporation (NYSE:CLW ) Q1 2023 Earnings Conference Call May 2, 2023 5:00 PM ET Company Participants Sloan Bohlen - Investor Relations Arsen Kitch - President and Chief Executive Officer Mike Murphy - Chief Financial Officer Conference Call Participants Paul Quinn - RBC Capital Markets Operator Hello and welcome to the Clearwater Paper Corporation's First Quarter 2023 Earnings Conference Call. [Operator Instructions] I will now turn the conference over to Sloan Bohlen, Investor Relations.

Clearwater Paper Corporation (CLW) Q1 2023 Earnings Call Transcript

SPOKANE, Wash.--(BUSINESS WIRE)-- #earnings--Clearwater Paper Reports First Quarter 2023 Earnings.

Clearwater Paper Reports First Quarter 2023 Results

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW) will release its first quarter 2023 results on Tuesday, May 2, 2023. President and Chief Executive Officer Arsen Kitch and Senior Vice President of Finance and Chief Financial Officer Mike Murphy will discuss the results during a conference call that day at 2 p.m. Pacific Time. Registration To register for the conference call, please use this link.

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