Welcome to our dedicated page for Clearwater Paper news (Ticker: CLW), a resource for investors and traders seeking the latest updates and insights on Clearwater Paper stock.
Clearwater Paper Corporation (NYSE: CLW) is a manufacturer in the paperboard mills industry and a premier independent supplier of bleached paperboard packaging products to North American converters. The company reports that its high-quality paperboard supports sustainable packaging solutions for consumer goods and food service applications, and that it focuses on Solid Bleached Sulfate (SBS) paperboard used in folding cartons, food service items, and commercial printing products.
This news page aggregates CLW stock updates and company announcements drawn from Clearwater Paper’s public communications. Readers can follow quarterly earnings releases, where the company discusses net sales, net income or loss from continuing operations, Adjusted EBITDA from continuing operations, and the impact of acquisitions, divestitures, and cost reduction actions. Recent news has highlighted the acquisition of the Augusta, Georgia paperboard facility, the sale of the tissue business, and the company’s emphasis on becoming a focused paperboard packaging company.
Investors and followers of Clearwater Paper can use this feed to review information about major maintenance outages at mills, fixed cost reduction initiatives, and management’s commentary on SBS industry conditions and market dynamics as described by the company. The page also surfaces notices about upcoming earnings conference calls, webcasts, and participation in investor conferences hosted by financial institutions.
By checking this CLW news page, users can see how Clearwater Paper describes its operational performance, strategic priorities in paperboard packaging, and non-GAAP measures such as Adjusted EBITDA from continuing operations over time.
Clearwater Paper Corporation (NYSE: CLW) will announce its first quarter 2023 results on May 2, 2023, at 2 p.m. Pacific Time. President and CEO Arsen Kitch and CFO Mike Murphy will host a conference call to discuss the results. Interested participants can register for the call through a provided link, and the webcast will be accessible on Clearwater Paper's website.
Clearwater Paper is known for supplying private brand tissue to major retailers and producing bleached paperboard for printers and packaging converters. The company emphasizes quality and service to build shareholder value.
Clearwater Paper Corporation (NYSE: CLW) has announced the planned departure of Michael Murphy as senior vice president and chief financial officer, effective in the second quarter of this year. Mr. Murphy will assist during the transition. CEO Arsen Kitch expressed gratitude for Mr. Murphy's contributions, particularly in strengthening the company's financial position during the COVID-19 pandemic. Clearwater Paper specializes in supplying private brand tissue to retailers and produces bleached paperboard. The company aims to build shareholder value through quality service and strong relationships.
Clearwater Paper Corporation (NYSE: CLW) announced its participation in two upcoming investor conferences. On March 2, 2023, CEO Arsen Kitch and CFO Mike Murphy will engage in panel discussions at Bank of America’s 2023 Global Agriculture and Materials Conference. They will also conduct one-on-one and small group meetings with investors.
On March 6, 2023, Mike Murphy will present at JP Morgan’s Global High Yield and Leveraged Finance Conference, also participating in additional investor meetings. Clearwater Paper is a leading supplier of private brand tissue and bleached paperboard, focused on quality service.
Clearwater Paper Corporation (NYSE:CLW) reported Q4 and full-year 2022 financial results. Q4 net sales were $527 million, up 8% year-over-year, with a net loss of $6 million. Full-year net sales reached $2.1 billion, a 17% increase, driven by strong paperboard demand and higher pricing. Adjusted EBITDA for Q4 was $28 million, a decline from $56 million in Q4 2021, while full-year adjusted EBITDA improved to $227 million from $175 million in 2021. Operational challenges impacted Q4 performance. Despite a net loss in Q4, the company achieved significant net income of $46 million for the year. The outlook for 2023 focuses on enhancing operational performance.
Clearwater Paper Corporation (NYSE: CLW) will announce its fourth quarter and full year 2022 financial results on February 14, 2023, at 2 p.m. PT. The results will be discussed in a conference call led by Arsen Kitch, President and CEO, and Mike Murphy, CFO. Interested parties can register for the call through a provided link, with registration open until the call begins. The company's website will host a webcast of the call and presentation slides for easy access.
Clearwater Paper is known for supplying private label tissue and bleached paperboard to retailers, focusing on quality service to enhance shareholder value.
Clearwater Paper Corporation (NYSE: CLW) has updated its outlook for Q4 and full year 2022, citing unexpected major maintenance costs at its Lewiston, Idaho mill. Adjusted EBITDA is now expected to be $28 to $34 million for Q4 and $227 to $233 million for the full year. The major maintenance outage at Lewiston has been completed, and other operational issues at the Cypress Bend mill in Arkansas are being resolved. The company anticipates $28 million in lower maintenance-related expenses in 2023 compared to 2022, indicating a positive shift moving forward.
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Clearwater Paper Corporation (NYSE: CLW) has announced that CEO Arsen Kitch and CFO Mike Murphy will attend the Citi 2022 Basic Materials Conference in New York City on Wednesday, November 30, 2022. They will be available for one-on-one and small group meetings, providing an opportunity for investors to interact directly with the company's leadership.
Clearwater Paper is a leading supplier of private brand tissue and bleached paperboard for retailers and quality-focused packaging converters, emphasizing strong customer relationships.
Clearwater Paper Corporation (NYSE: CLW) has announced that its President and CEO, Arsen Kitch, along with CFO Mike Murphy, will speak at Baird’s 2022 Global Industrial Conference in Chicago on November 10, 2022, starting at 9:40 a.m. CST. They will also be available for one-on-one meetings. Clearwater Paper is a leading supplier of private brand tissue to major retailers and produces bleached paperboard for printers and converters. The company emphasizes building shareholder value through strong relationships and quality service.
Clearwater Paper Corporation (NYSE:CLW) reported strong financial results for the third quarter and first nine months of 2022. Net sales reached $539 million, a 20% increase from the previous year, with net income of $21 million or $1.21 per diluted share. The company also reported adjusted EBITDA of $77 million for the quarter, significantly up from $50 million in Q3 2021. For the first nine months, net sales totaled $1.6 billion, a 21% increase year-over-year. Clearwater is focused on operational performance amid inflation challenges, improving financial flexibility to enhance shareholder value.