Clearwater Paper Stock Price, News & Analysis

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.

Clearwater Paper Corporation (NYSE: CLW) will release its third quarter 2022 results on October 31, 2022. The company's President and CEO, Arsen Kitch, along with CFO Mike Murphy, will discuss the results in a conference call scheduled for 2 p.m. PDT. Interested participants can register via a provided link, which will also send confirmation and dial-in details. Clearwater Paper specializes in private brand tissue and bleached paperboard, partnering with major retailers for quality products and services.

Clearwater Paper Corporation (NYSE: CLW) announced the election of Jeanne M. Hillman to its board of directors, effective October 1, 2022. Hillman's background includes significant experience in the pulp and paperboard industry and a strong focus on finance and information technology. Previously, she served as vice president at Weyerhaeuser (NYSE: WY) until her retirement in March 2020. The addition reflects Clearwater Paper's commitment to diversity and an enhanced board composition, with the board now comprising nine directors, eight of whom meet NYSE independence standards.

Clearwater Paper Corporation (NYSE: CLW) has announced upcoming participation in key investor conferences. On September 13, 2022, CFO Mike Murphy and VP J.D. Fielder will attend the RBC Global Industrials Conference in Las Vegas, available for one-on-one meetings. Later, on September 28, 2022, Mike Murphy will engage in a fireside chat at the TD Securities Paper and Forest Products Conference in Toronto, also open for investor meetings. Clearwater Paper is a leading supplier of private brand tissue and bleached paperboard.

Clearwater Paper Corporation (NYSE:CLW) reported strong financial results for Q2 2022, with net sales of $526 million, up 30% year-over-year. Net income reached $15 million or $0.86 per diluted share, reversing last year's loss. Adjusted EBITDA rose to $63 million. The paperboard segment drove growth, with sales up 30% to $296 million, while the consumer products segment saw a 29% increase to $232 million. Despite challenges from inflation, the company aims to mitigate costs through operational enhancements.

Clearwater Paper Corporation (NYSE: CLW) will disclose its second quarter 2022 results on August 2, 2022, at 2 p.m. PDT. The call will feature insights from President and CEO Arsen Kitch and CFO Mike Murphy. Participants can register through a provided link, with recommendations to register early. The results will be available on Clearwater Paper’s investor relations website, along with presentation materials.

Clearwater Paper specializes in supplying private brand tissue and bleached paperboard to various retailers and service providers.

Clearwater Paper Corporation (NYSE: CLW) announced that CFO Mike Murphy will attend the BMO Chemicals & Packaging Conference in New York City on June 22, 2022. He will engage in one-on-one and small group meetings with participants. Clearwater Paper specializes in supplying private brand tissue products to leading retailers and produces bleached paperboard for printers and packaging converters. The company emphasizes strong relationships and quality service to enhance shareholder value.

Clearwater Paper Corporation (NYSE: CLW) has announced that CEO Arsen Kitch and CFO Mike Murphy will attend the KeyBanc Capital Markets Industrials & Basic Materials Conference on June 1 in Boston, Massachusetts. They will be available for one-on-one and small group meetings with investors. Clearwater Paper is a leading supplier of private brand tissue and bleached paperboard for various retail and commercial sectors, focusing on quality and service to enhance shareholder value.

Clearwater Paper Corporation (NYSE:CLW) reported strong Q1 2022 financial results, with net sales of $488 million, up 15% year-over-year. Net income increased to $17 million or $0.97 per diluted share. Adjusted EBITDA rose to $59 million. The Pulp and Paperboard Products segment saw 21% growth in sales, driven by higher pricing, while Consumer Products net sales rose 7%, despite reduced operating income. The company anticipates inflationary pressures to persist, offset by higher prices, and plans to resume its stock repurchase program.