secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Paper Corp (CLW)
CIK:        0001441236
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001441236-26-000024
Event type: earnings
Sentiment:  negative
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Paper Q1 net loss $13M; adjusted EBITDA drops to $2M from $30M
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- Net sales $360M versus $378M in Q1 2025; net loss $13M ($0.80/diluted share) vs loss $6M ($0.38).
- Adjusted EBITDA from continuing ops $2M, down from $30M, due to lower pricing and severe weather.
- Paperboard volume up 5% to 302,918 tons; average net selling price down 7% to $1,101/ton.
- Restructuring at Cypress Bend facility cutting ~20% of roles; expects $8-12M annual savings.
- Received $17M additional insurance proceeds; pursuing claims against remaining $50M policy limit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441236/000144123626000024/0001441236-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441236/000144123626000024/clw-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001441236-26-000024

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