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Clearwater Paper Corporation reports developments in paperboard packaging products for North American converters. The company produces bleached paperboard used in folding cartons, food service packaging and commercial printing, with recurring updates on shipment volumes, pricing, SBS market conditions and operating performance.
Company news also covers portfolio and mill actions, including Velora lightweight folding carton paperboard, the premium Candesce brand, the Cypress Bend facility and the Augusta mill integration. Other recurring items include quarterly earnings materials, cost-reduction initiatives, capital-structure disclosures, material agreements and governance matters.
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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.