Clearwater PaperNYSE: CLW

SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE: CLW), a leading supplier of private-branded tissue, announced today it will invest $23 million in a new, state-of-the-art facial tissue converting line at its Shelby, North Carolina consumer products facility. Clearwater Paper's Shelby Mill manufactures high-quality private branded bathroom tissue, paper towels, napkins, and facial tissue. The 400-acre facility employs more than 600 people. "Clearwater Paper selected Shelby fo.

CLW is a major manufacturer of bleached paperboard and at-home tissue products. The firm has experienced volatile revenue growth over the past few years, but has consistently expanded its profitability margins. It is well-positioned for long-term growth due to the growing preference for recycled-based packaging.

Clearwater Paper Corporation (CLW) Q4 2023 Earnings Call Transcript

Clearwater Paper reported higher year over year adjusted EBITDA and adjusted net income per diluted share for Q3 2023. The company's Pulp and Paperboard business will face headwinds, given RISI reported an $80 per ton decrease in folding carton prices in the third quarter. Given its debt repayment efforts in the past few years, Clearwater Paper has reached a leverage ratio where debt repayment is less urgent.

Clearwater Paper Corporation (NYSE:CLW ) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Company Participants Sloan Bohlen - Investor Relations Arsen Kitch - President and Chief Executive Officer Sherri Baker - Senior Vice President and Chief Financial Officer Conference Call Participants Matthew McKellar - RBC Capital Markets Paul Quinn - RBC Capital Markets Operator Good afternoon. My name is Briana, and I will be your conference operator today.

Sales are expected to remain stagnant in the second half of 2023 and 2024, keeping investors cautious. Gross profit and EBITDA margins improved significantly during the first half of 2023, boosted by product price raises. The company should keep deleveraging its balance sheet as inventories are higher than usual.

Clearwater Paper Corporation has historically been an average to below average business with low and volatile returns on invested capital. The company's low returns on invested capital are due to the capital intensive and competitive nature of the packaging product and tissue product industries. However the current supply/demand dynamics in these industries are favorable for Clearwater and may lead to solid earnings growth over the next 12-18 months.

Clearwater Paper Corporation (NYSE:CLW ) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants Sloan Bohlen – Investor Relations Arsen Kitch – President and Chief Executive Office Becky Barckley – Corporate Controller and Interim Chief Financial Officer Conference Call Participants Paul Quinn – RBC Capital Markets Operator Thank you for standing by. My name is Dina, and I will be your conference operator today.

Clearwater Paper Corporation (NYSE:CLW ) Q1 2023 Earnings Conference Call May 2, 2023 5:00 PM ET Company Participants Sloan Bohlen - Investor Relations Arsen Kitch - President and Chief Executive Officer Mike Murphy - Chief Financial Officer Conference Call Participants Paul Quinn - RBC Capital Markets Operator Hello and welcome to the Clearwater Paper Corporation's First Quarter 2023 Earnings Conference Call. [Operator Instructions] I will now turn the conference over to Sloan Bohlen, Investor Relations.