CLW

Clearwater Paper Reports Third Quarter 2023 Results

Retrieved on: 
Monday, October 30, 2023
Supply Chain Management, Other Retail, Other Natural Resources, Discount, Variety, Supermarket, Forest Products, Natural Resources, Other Manufacturing, Retail, Packaging, Manufacturing, Home Goods, Adjustment, Paper, Final good, NYSE, EBITDA, Clearwater Paper, Pulp, Hand, CLW, Wood, ABL, Video game, Pharmaceutical industry, Lithium, Kitsch

Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the third quarter and nine months ended September 30, 2023.

Key Points: 
  • Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the third quarter and nine months ended September 30, 2023.
  • On a non-GAAP basis, Clearwater Paper reported adjusted net income in the third quarter of 2023 of $37 million, or $2.19 per diluted share, compared to third quarter 2022 adjusted net income of $31 million, or $1.83 per diluted share.
  • Adjusted EBITDA for the third quarter of 2023 was $81 million, compared to the third quarter of 2022 Adjusted EBITDA of $77 million.
  • Segment operating income for the third quarter of 2023 was $43 million, compared to $64 million for the third quarter of 2022.

Clearwater Paper Announces Availability and Timing of Third Quarter 2023 Earnings Conference Call and Webcast

Retrieved on: 
Monday, October 16, 2023
Packaging, Retail, Forest Products, Manufacturing, Specialty, Natural Resources, Clearwater Paper, NYSE, Pacific Time Zone, CLW, Management, Nursing, Mail

Clearwater Paper Corporation (NYSE: CLW) will release its third quarter 2023 results on Monday, October 30, 2023.

Key Points: 
  • Clearwater Paper Corporation (NYSE: CLW) will release its third quarter 2023 results on Monday, October 30, 2023.
  • President and Chief Executive Officer, Arsen Kitch and Chief Financial Officer, Sherri Baker, will discuss the results during a conference call that day at 2 p.m., Pacific Time.
  • To register for the conference call, please use this link .
  • After registering, confirmation will be sent through email, including dial-in details and unique conference call codes for entry.

Clearwater Paper to Attend TD’s Paper & Forest Products Conference

Retrieved on: 
Tuesday, September 19, 2023
Natural Resources, Manufacturing, Other Manufacturing, Packaging, Forest Products, Clearwater Paper, CLW, Senior, Conference, NYSE, TD, Paper, Management

Clearwater Paper Corporation (NYSE: CLW) today announced that President and Chief Executive Officer, Arsen Kitch, and Senior Vice President and Chief Financial Officer, Sherri Baker, will participate in a fireside chat at the 2023 TD Paper & Forest Products Conference in Toronto on Tuesday, September 26th beginning at 10:00am EST.

Key Points: 
  • Clearwater Paper Corporation (NYSE: CLW) today announced that President and Chief Executive Officer, Arsen Kitch, and Senior Vice President and Chief Financial Officer, Sherri Baker, will participate in a fireside chat at the 2023 TD Paper & Forest Products Conference in Toronto on Tuesday, September 26th beginning at 10:00am EST.
  • Mr. Kitch and Ms. Baker will also be available for one-on-one and group meetings.
  • Clearwater Paper is a premier supplier of private brand tissue to major retailers, including grocery, club, mass merchants, and discount stores.
  • For additional information on Clearwater Paper, please visit our website at www.clearwaterpaper.com .

Clearwater Paper Appoints Sherri Baker as Chief Financial Officer

Retrieved on: 
Tuesday, August 8, 2023
Other Manufacturing, Packaging, Other Retail, Supermarket, Specialty, Manufacturing, Forest Products, Retail, Natural Resources, University, Dean Foods, Ernst & Young, Frito-Lay, Clearwater Paper, Paper, Ernst, CFO, Security (finance), CLW, NYSE, Management, Science

Clearwater Paper Corporation (NYSE: CLW) today announced the appointment of Sherri Baker as senior vice president and chief financial officer, effective August 14, 2023, to oversee the company’s finance and strategy.

Key Points: 
  • Clearwater Paper Corporation (NYSE: CLW) today announced the appointment of Sherri Baker as senior vice president and chief financial officer, effective August 14, 2023, to oversee the company’s finance and strategy.
  • Arsen Kitch, president and chief executive officer, said, “On behalf of the board and our leadership team, I am pleased to welcome Sherri Baker to Clearwater Paper.
  • We look forward to Sherri being an integral part of our leadership team as we continue to create near and long-term shareholder value.”
    Ms. Baker joins Clearwater Paper with extensive finance and executive leadership experience.
  • “I am thrilled to join the team at Clearwater Paper, a values-driven company focused on delivering operational excellence,” said Sherri Baker.

Clearwater Paper Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 1, 2023
Retail, Other Retail, Forest Products, Manufacturing, Natural Resources, Other Manufacturing, Maintenance, CLW, Transport, EBITDA, Adjustment, Pulp, Clearwater Paper, Final good, NYSE, Paper, Pulp (paper), Video game, Arms industry, Kitsch

On a non-GAAP basis, Clearwater Paper reported adjusted net income in the second quarter of 2023 of $30 million, or $1.74 per diluted share, compared to second quarter 2022 adjusted net income of $19 million, or $1.11 per diluted share.

Key Points: 
  • On a non-GAAP basis, Clearwater Paper reported adjusted net income in the second quarter of 2023 of $30 million, or $1.74 per diluted share, compared to second quarter 2022 adjusted net income of $19 million, or $1.11 per diluted share.
  • Adjusted EBITDA for the second quarter of 2023 was $71 million, compared to the second quarter of 2022 Adjusted EBITDA of $63 million.
  • Net sales in the Pulp and Paperboard segment were $272 million for the second quarter of 2023, down 8% compared to second quarter 2022 net sales of $296 million.
  • Segment operating income for the second quarter of 2023 was $42 million, compared to $52 million for the second quarter of 2022.

Clearwater Paper Announces Availability and Timing of Second Quarter 2023 Earnings Conference Call and Webcast

Retrieved on: 
Tuesday, July 18, 2023
Packaging, Retail, Forest Products, Manufacturing, Specialty, Natural Resources, Clearwater Paper, CLW, NYSE, Management, Nursing, Cryptocurrency

Clearwater Paper Corporation (NYSE: CLW) will release its second quarter 2023 results on Tuesday, August 1, 2023.

Key Points: 
  • Clearwater Paper Corporation (NYSE: CLW) will release its second quarter 2023 results on Tuesday, August 1, 2023.
  • President and Chief Executive Officer Arsen Kitch and interim Chief Financial Officer and Corporate Controller Becky Barckley will discuss the results during a conference call at 2 p.m. Pacific Time.
  • To register for the conference call, please use this link .
  • After registering, confirmation will be sent through email, including dial in details and unique conference call codes for entry.

Clearwater Paper Announces Participation at Upcoming Investor Conferences

Retrieved on: 
Tuesday, May 30, 2023
Packaging, Retail, Forest Products, Manufacturing, Supermarket, Natural Resources, Specialty, Clearwater Paper, CLW, Paper, NYSE, Conference, Management, Online shopping

Clearwater Paper Corporation (NYSE: CLW) today announced participation in the following investor conferences:

Key Points: 
  • Clearwater Paper Corporation (NYSE: CLW) today announced participation in the following investor conferences:
    June 6, 2023 – Arsen Kitch, president and chief executive officer, and Mike Murphy, senior vice president and chief financial officer, will be presenting at Stifel’s 2023 Cross Sector Insight Conference in Boston.
  • Clearwater Paper is a premier supplier of private brand tissue to major retailers, including grocery, drug, mass merchants and discount stores.
  • For additional information on Clearwater Paper, please visit our website at www.clearwaterpaper.com .
  • For additional information on Clearwater Paper, please visit our website at www.clearwaterpaper.com .

Clearwater Paper Announces Science Based Targets Initiative Validation for Climate Targets

Retrieved on: 
Monday, May 8, 2023
Science, Other Science, Natural Resources, Environment, Other Manufacturing, Climate Change, Manufacturing, Forest Products, Carbon, Nigerian Business Coalition Against AIDS, Science Based Targets initiative, World Wide Fund for Nature, GHG, United Nations Global Compact, WRI, Targets, Climate change, CDP, Carbon Disclosure Project, CLW, Clearwater Paper, World Resources Institute, WWF, NYSE, Renewable energy

Clearwater Paper Corporation (NYSE: CLW) announced today that the Science Based Target initiative (SBTi) has validated the company’s climate targets.

Key Points: 
  • Clearwater Paper Corporation (NYSE: CLW) announced today that the Science Based Target initiative (SBTi) has validated the company’s climate targets.
  • These targets include reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 29.1 percent and absolute Scope 3 GHG emissions by 25 percent by 2030.
  • The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science.
  • The SBTi defines and promotes best practices in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.

Clearwater Paper Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, May 2, 2023
Forest Products, Natural Resources, Other Manufacturing, Manufacturing, CLW, EBITDA, Adjustment, Pulp, Clearwater Paper, Final good, NYSE, Paper, Pulp and paper industry, Video game, Lumber, Online shopping, Kitsch

Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the first quarter ended March 31, 2023.
  • Despite uncertain economic conditions, both of our businesses are in markets that have historically been economically resilient.”
    For the first quarter of 2023, Clearwater Paper reported net sales of $525 million, an 8% increase compared to net sales of $488 million for the first quarter of 2022.
  • On a non-GAAP basis, Clearwater Paper reported adjusted net income in the first quarter of 2023 of $25 million, or $1.47 per diluted share, compared to first quarter 2022 adjusted net income of $18 million, or $1.03 per diluted share.
  • Segment operating income for the first quarter of 2023 was $57 million, compared to $50 million for the first quarter of 2022.

Clearwater Paper Announces Availability and Timing of First Quarter 2023 Earnings Conference Call and Webcast

Retrieved on: 
Tuesday, April 18, 2023
Forest Products, Packaging, Natural Resources, Manufacturing, CLW, Senior, Clearwater Paper, NYSE, Management, Nursing, Finance

Clearwater Paper Corporation (NYSE: CLW) will release its first quarter 2023 results on Tuesday, May 2, 2023.

Key Points: 
  • Clearwater Paper Corporation (NYSE: CLW) will release its first quarter 2023 results on Tuesday, May 2, 2023.
  • President and Chief Executive Officer Arsen Kitch and Senior Vice President of Finance and Chief Financial Officer Mike Murphy will discuss the results during a conference call that day at 2 p.m. Pacific Time.
  • To register for the conference call, please use this link .
  • After registering, confirmation will be sent through email, including dial in details and unique conference call codes for entry.