Clearwater Paper Corporation is an enterprise engaged in the manufacturing and supply of bleached paperboards, alongside various tissue products for consumers and parent roll applications, serving both the United States and international markets. Its operations are structured into two distinct divisions: Pulp and Paperboard, and Consumer Products. The Pulp and Paperboard segment delivers a diverse portfolio of items, including folding cartons, liquid packaging, cups, plates, materials for blister and carded packaging, top sheet and commercial printing papers, and softwood pulp. This division also provides tailored processing services such as custom sheeting, slitting, and cutting of paperboard. Its primary customers are packaging and folding carton converters, general merchants, and commercial printing firms. The Consumer Products division offers an extensive selection of household paper goods, encompassing bath tissues, paper towels, facial tissues, and napkins. Furthermore, it provides economical recycled fiber products and tissue solutions designed for commercial or institutional (away-from-home) use. This segment distributes its merchandise to a broad network of retailers and wholesale channels, including major grocery chains, club stores, mass market retailers, and discount outlets. Clearwater Paper Corporation was founded in 2005 and maintains its corporate headquarters in Spokane, Washington.
Clearwater Paper Reports Second Quarter 2026 Results
Clearwater Paper reported Q2 net sales of $375 million, down from $392 million in the prior year, with net income swinging to a loss of $21 million or $1.33 per share.
Adjusted EBITDA turned negative to $8 million, primarily due to lower market pricing and the timing of a planned maintenance outage, though sales volumes increased by 8%.
The company reduced net debt by $59 million during the quarter and announced restructuring at its Cypress Bend facility targeting $8 to $12 million in annual savings.