Clearwater Paper Stock Price, News & Analysis

Clearwater Paper Corporation (NYSE: CLW) announced participation in two upcoming investor conferences. On June 2, 2021, CEO Arsen Kitch and CFO Mike Murphy will engage in a fireside chat at KeyBanc's Virtual Conference starting at 8:20 a.m. PDT, accessible via the investor relations website.

Then, on June 9, 2021, they will attend Deutsche Bank's 12th Annual Global Basic Materials Conference, with opportunities for 1x1 investor meetings. Clearwater Paper is a leading supplier of private brand tissue and bleached paperboard.

Clearwater Paper Corporation (NYSE: CLW) has appointed Christine M. Vickers Tucker to its board of directors, effective May 18, 2021. The board aims for diversity and refreshment, with chair Alexander Toeldte emphasizing the value of her extensive experience in professional products and business operations. Vickers Tucker has led Clorox’s Professional Products business since 2014 and has a background in financial services. With her addition, the board will comprise 9 members, 8 of whom are independent as per NYSE standards.

Clearwater Paper Corporation (NYSE:CLW) reported its first-quarter 2021 financial results, showing a net income of $12 million ($0.71 per diluted share) and adjusted EBITDA of $54 million. Net sales reached $426 million, down 11% from Q1 2020's $478 million. The paperboard segment faced a slight sales decline of 2%, attributed to lower production and increased costs, despite rising prices. The consumer products segment saw a more significant drop of 21% in sales, mainly affected by decreased demand. The company remains focused on cash generation and reducing debt.

Clearwater Paper Corporation (NYSE: CLW) announced that CEO Arsen Kitch and CFO Mike Murphy will attend the 2021 Virtual Wells Fargo Industrials Conference on May 6, 2021. They will be available for one-on-one meetings with investors. Accompanying slide materials can be accessed on Clearwater Paper's Investors' section of their website starting May 6. Clearwater Paper specializes in manufacturing consumer tissue, bleached paperboard, and pulp, serving major retailers and wholesalers nationwide.

Clearwater Paper Corporation (NYSE: CLW) is set to release its Q1 2021 results on May 5, 2021. CEO Arsen Kitch and CFO Mike Murphy will discuss the results and future outlook during a conference call at 2 p.m. PDT. Interested parties can register for the call through a specified link, with the option to access a webcast and presentation slides on Clearwater Paper’s website. A replay of the webcast will be available until May 5, 2022. Clearwater Paper specializes in manufacturing a range of tissue products and bleached paperboard.

Clearwater Paper Corporation (NYSE: CLW) announced that Mike Murphy, CFO, and Heidi Blair, Treasurer, will present at the J.P. 2021 Global High Yield & Leveraged Finance Conference on March 1 at 1:15 p.m. PST. They will be available for one-on-one meetings following the presentation. Accompanying materials will be accessible on Clearwater Paper's investor webpage by March 1.

The company is known for manufacturing quality tissue products and bleached paperboard, supplying major retailers and distributors nationwide.

Clearwater Paper Corporation (NYSE:CLW) reported strong Q4 and full-year 2020 financial results due to elevated demand for tissue products. Q4 net income reached $23 million, or $1.34 per share, with net sales of $453 million, a 4% increase YoY. For 2020, net income was $77 million, a significant recovery from a loss in 2019, with sales up 6.1% to $1.9 billion. The company reduced net debt by $200 million during the year. Despite this success, demand volatility and inflationary pressures are anticipated in Q1 2021.

Clearwater Paper Corporation (NYSE: CLW) has temporarily suspended its pulp and paperboard operations in Cypress Bend, Arkansas, due to cold weather affecting natural gas deliveries. The company prioritizes employee safety and customer needs during this unexpected outage. Clearwater Paper plans to resume operations as soon as it is safe to do so. The anticipated impacts of this outage will be disclosed in the fourth quarter and full-year 2020 earnings announcement on February 25.

Clearwater Paper Corporation (NYSE: CLW) is set to announce its fourth quarter and full year 2020 results on February 25, 2021. The announcement will be followed by a conference call featuring President and CEO Arsen Kitch and CFO Mike Murphy at 2 p.m. PST, discussing results and future outlook. Interested parties can register for the call through a provided link. A replay of the webcast will be available until February 25, 2022, on Clearwater Paper’s official website. The company specializes in manufacturing tissue products and paperboard.