Clearwater Paper Stock Price, News & Analysis

Clearwater Paper reported mixed Q1 2025 financial results, with net sales increasing 46% to $378 million, primarily driven by the Augusta acquisition. The company posted a net loss of $6 million ($0.38 per share) compared to net income of $17 million ($1.03 per share) in Q1 2024.

Key highlights include:

• Adjusted EBITDA doubled to $30 million from $14 million year-over-year
• Sales volumes increased 55% to 289,487 tons
• Paperboard average selling price decreased 7% to $1,188 per ton
• Company repurchased $11 million of outstanding shares

CEO Arsen Kitch highlighted improved operational execution, lower cost structure, and higher shipments. The company successfully integrated the Augusta mill and expects to capture volume and cost synergies by end of 2026. Management remains optimistic about long-term prospects in paperboard packaging, citing growing consumer preference for sustainable products.

Clearwater Paper (NYSE: CLW) has scheduled its first quarter 2025 earnings release for Tuesday, April 29, 2025, after market close. The company will host a conference call the same day at 2 p.m. Pacific Time, featuring President and CEO Arsen Kitch and CFO Sherri Baker to discuss the quarterly results.

Participants must pre-register for the conference call, with registration remaining open through the live call. The company recommends registering at least 10 minutes before the call starts. The earnings presentation and webcast will be accessible through Clearwater Paper's investor relations website.

Clearwater Paper (NYSE: CLW) has announced its participation in the upcoming Bank of America 2025 Global Agricultural and Materials Conference scheduled for February 27, 2025, in Ft Lauderdale, FL. President and CEO Arsen Kitch will be presenting at the conference, and along with SVP and CFO Sherri Baker, will be available for one-on-one and small group meetings with investors.

Clearwater Paper (NYSE:CLW) reported its Q4 and full-year 2024 results following significant strategic changes. The company completed the sale of its tissue business on November 1, 2024, for $1.06 billion and acquired the Augusta, Georgia paperboard facility on May 1, 2024.

Key 2024 highlights include:

• Net sales from continuing operations reached $1.4 billion, up 22% from 2023
• Net loss from continuing operations was $74 million (-$4.41 per share) compared to $49 million profit in 2023
• Total operations net income was $196 million ($11.70 per share), including a $307 million gain from tissue business sale
• Adjusted EBITDA from total operations decreased to $182 million from $281 million in 2023
• Net debt reduced by $199 million
• Paperboard sales volumes increased 63% to 306,692 tons in Q4 2024

Clearwater Paper (NYSE: CLW) has scheduled its fourth quarter and full year 2024 earnings release for February 13, 2025, after market close. The company will host a conference call at 2 p.m. Pacific Time on the same day, featuring CEO Arsen Kitch and CFO Sherri Baker to discuss the results.

Participants can register for the conference call through a provided link, with registration remaining open through the live call. However, registration at least 10 minutes before the call is recommended. The presentation slides and webcast will be accessible through Clearwater Paper's investor relations website.

Clearwater Paper (NYSE:CLW) reported Q3 2024 financial results, with net sales from continuing operations reaching $393 million, up 41% year-over-year. The company posted a net loss from continuing operations of $11 million (-$0.64 per share), compared to net income of $15 million ($0.88 per share) in Q3 2023. Total operations, including discontinued tissue business, showed net income of $6 million ($0.35 per share).

The Board approved a new $100 million share repurchase authorization. Paperboard sales volumes increased 67% to 314,320 tons, though average selling price decreased 12% to $1,192 per ton. The company recently completed the sale of its tissue business on November 1, 2024, positioning itself as a focused paperboard company.

Clearwater Paper (NYSE: CLW) has completed the sale of its tissue business to Sofidel America Corp. for $1.06 billion in cash, subject to customary price adjustments. The transaction marks a significant transformation for Clearwater into a premier independent supplier of paperboard packaging products to North American converters. The company plans to use the proceeds to reduce debt and strengthen its balance sheet, positioning itself to scale and diversify its paperboard business for long-term shareholder value. The company will release its third quarter 2024 results on November 4, 2024.

Clearwater Paper (NYSE: CLW) announced its participation in the Baird Global Industrial Conference on November 13, 2024, in Chicago, Illinois.

President and CEO Arsen Kitch and Senior Vice President and CFO Sherri Baker will speak at the conference. They will also be available for one-on-one and small group investor meetings on the same day.

Clearwater Paper (NYSE: CLW) has released its 2024 Sustainability Report, highlighting progress in their Everyday Responsibility framework across three pillars: Resource Stewardship, Trusted Products, and Thriving People and Communities. Key achievements include developing a roadmap for 2030 Scope 1 and 2 emissions targets, receiving International Sustainability and Carbon Certification, establishing the Clearwater Paper Foundation, implementing new Safety Commitments, and enhancing workforce engagement strategies.

The company announced strategic transformations in 2024, including the acquisition of a paperboard facility in Augusta, Georgia, and plans to sell their tissue business, focusing on becoming a premier independent paperboard supplier to North American converters.