Clearwater Paper Corporation Q4 2025 Earnings Call Summary

Performance in 2025 was defined by the successful integration of the Augusta Mill and the separation of the tissue business, both completed ahead of schedule. Management attributes current margin pressure to a significant supply-demand imbalance in Solid Bleached Sulfate (SBS), exacerbated by a competitor adding 500,000 tons of new capacity. The company achieved $50,000,000 in fixed cost reductions during 2025 and separately reduced its corporate SG&A headcount by 40% as part of broader workforce redu ...