Market News of Note

Magnera Corporation reported its second-quarter results for 2026, revealing net sales of $796 million and an operating income of $17 million.

Net earnings per common share of $0.38 (compared with $0.37 in Q4 2025 and $0.07 in Q1 2025).

Rayonier Inc reported its first quarter results for 2026, revealing a mixed bag of GAAP losses and significant pro forma improvements driven by its recently completed merger with PotlatchDeltic.

Amcor has reported attributable net income of $278m for the third quarter (Q3) of fiscal year 2026, up 41.8% from $196m in the prior-year period.

GAAP loss was $11.7 million, an improvement of 97.3%, compared to $425.5 million in prior year period (which included a $411.9 million goodwill impairment charge); GAAP EPS was $(0.22).

Net loss was USD 450 million compared to net income of USD 50 million a year ago.

Stora Enso reported adjusted EBIT of Euro 159 million for the Q1 ended March 31, 2026, a 9% decrease from Euro 175 million in the same period last year, driven by negative net foreign exchange rate movements and the ramp-up of the new consumer board line at the Oulu site.

Curated color collection designed for coastal aesthetics and proven performance.

Boise Cascade Company reported net income of $17.8 million, or $0.50 per share, on sales of $1.5 billion for the first quarter ended March 31, 2026, compared with net income of $40.3 million, or $1.06 per share, on sales of $1.5 billion for the first quarter ended March 31, 2025.

Q1 2026 net loss from continuing operations was $20.7 million or $0.89 loss per share (diluted), compared to net loss of $32.8 million or $1.43 loss per share (diluted) in Q4 2025.

Canfor Corp. reported a loss of $72.1 million in its latest quarter compared with a loss of $31 million a year earlier and said global markets remained challenging.

Arctic Paper has announced a price increase of 4-8% for both uncoated and coated fine papers across the European market. The new pricing will apply to all deliveries from 1 June 2026.

The U.S. Department of Commerce is initiating administrative reviews of antidumping and countervailing duty orders with March anniversary dates, with the actions applicable May 4, 2026, and final results planned no later than March 31, 2027.

Weyerhaeuser surpassed Wall Street expectations for first-quarter profit on Thursday, helped by ​the monetization of timberland development rights that resulted ‌in significant cash flow.

Smurfit Westrock said on Thursday it is considering delisting from the London Stock Exchange, as the cardboard box-maker reported earnings that missed market expectations as bad weather hit its North American business.

Keeps annual forecast intact as personal care products demand holds up

The company said heightened tensions in the Middle East had added to instability in an already difficult operating backdrop.

The Company intends to regain compliance with the NYSE American continued listing standards. There can be no assurance that the Company will ultimately regain compliance with all applicable NYSE American listing standards.

International Paper reported Adjusted EBITDA from continuing operations of $677 million for the Q1 ended March 31, 2026, as the company faced a tougher macro environment including ongoing inflation and a severe winter storm.

West Fraser Timber Co. Ltd. reported Q1 sales of US$1.33 billion, down from $1.46 billion in the comparable period of 2025. The company posted a loss of $188 million, compared to earnings of $42 million a year earlier.

UFP Industries (UFPI) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.3 per share a year ago. These figures are adjusted for non-recurring items.

Metsä Group reported a comparable operating result of Euro 4 million for the Q1 2026, compared to Euro 81 million in the same period last year, due to muted demand for market pulp in Europe and China, lower delivery volumes, and the negative impact of US import tariffs.

The quarter was characterized by geopolitical challenges, unfavorable currency effects, and weather-related disruptions in North America. Cash flow showed a marked improvement, with all segments contributing positively.

Quad/Graphics, Inc., announced it is enacting an immediate, temporary surcharge on its printing inks, UV coating and varnishes to help offset increasing costs impacting its ink manufacturing subsidiary Chemical Research/Technology (CR/T).

Georgia-Pacific will implement a price increase of 2.5% to 3.5%, effective May 18, 2026, on DensDeck®, DensDeck® Prime products and DensDeck® StormX™ Prime Roof Boards.