Clearwater Paper Corporation Reports Q1 2026 Earnings Call Details
Clearwater Paper Corporation reported a 5% net sales decline in Q1 2026 due to lower market pricing, despite a 5% increase in shipment volumes. The company implemented a restructuring at the Cypress Bend mill, reducing headcount by 20% to cut annual costs by $8 million to $12 million. The SBS market is stabilizing, and the company launched a new product, Velora, to compete with imported Folding Boxboard.
Tickers: $CLW
Topics: earnings guidance market dynamics operational performance restructuring