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.
About Clearwater Paper Corporation
Clearwater Paper Corporation (NYSE: CLW) is a prominent manufacturer and supplier of high-quality tissue products and premium paperboard materials, serving diverse markets across the United States and beyond. The company operates two primary business segments: Consumer Products and Pulp and Paperboard. This dual-market strategy positions Clearwater Paper as a critical player in both the consumer goods and industrial packaging industries, addressing the needs of retailers, wholesalers, and packaging converters alike.
Core Business Areas
Clearwater Paper's Consumer Products segment focuses on the production of private-label tissue, including bath tissue, facial tissue, and paper towels. These products are distributed to major retailers, grocery stores, drugstores, and discount chains, providing cost-effective and high-quality alternatives to branded products. The company has established itself as a trusted partner for private-label manufacturing, leveraging its expertise to meet the specific needs of its clients.
The Pulp and Paperboard segment is centered on the production of Solid Bleached Sulfate (SBS) paperboard, a premium-grade material used in folding cartons, food service packaging, and commercial printing applications. Known for its strength, smooth surface, and versatility, Clearwater Paper's SBS paperboard is a preferred choice for quality-conscious printers and packaging converters. This segment generates a significant portion of the company's revenue and underscores its role as a vital supplier in the packaging industry.
Operational Footprint
With manufacturing facilities strategically located across the United States, Clearwater Paper ensures efficient production and distribution to its customers. The company's operations are supported by a robust supply chain and advanced manufacturing technologies, enabling it to maintain high standards of quality and service. While its primary market is the United States, Clearwater Paper also serves international customers, reflecting its global reach and adaptability.
Competitive Positioning
Clearwater Paper operates in a highly competitive industry, with key competitors including International Paper, WestRock, and Georgia-Pacific. The company differentiates itself through its focus on private-label partnerships, which allow retailers to offer high-quality tissue products under their own brands, and its expertise in producing premium SBS paperboard. Additionally, Clearwater Paper's commitment to sustainability and innovation enhances its appeal to environmentally conscious customers and positions it as a forward-thinking industry leader.
Market Significance
As a major supplier of private-label tissue and paperboard products, Clearwater Paper plays a crucial role in the supply chains of retailers and packaging converters. Its products are integral to everyday consumer goods and industrial packaging solutions, making the company a key contributor to both sectors. By prioritizing quality, sustainability, and customer partnerships, Clearwater Paper continues to build shareholder value and strengthen its market presence.
Commitment to Sustainability
Clearwater Paper recognizes the importance of environmental stewardship and incorporates sustainable practices into its operations. From responsibly sourcing raw materials to minimizing waste and energy consumption, the company is dedicated to reducing its environmental impact while delivering exceptional value to its customers. This commitment aligns with the growing demand for sustainable products and enhances Clearwater Paper's reputation as a responsible corporate citizen.
Conclusion
Clearwater Paper Corporation is a versatile and reliable partner for retailers, wholesalers, and industrial clients, offering high-quality tissue and paperboard products that meet diverse market needs. With its dual focus on consumer and industrial markets, strategic operational footprint, and commitment to sustainability, Clearwater Paper is well-positioned to navigate industry challenges and capitalize on growth opportunities. Its expertise in private-label manufacturing and premium-grade paperboard production underscores its significance in the paper and pulp industry, making it a valuable player in the global market.
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.
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.
Clearwater Paper Corporation (NYSE: CLW) will release its third quarter 2022 results on October 31, 2022. The company's President and CEO,
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
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.
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