secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Paper Corp (CLW)
CIK:        0001441236
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0001504337-21-000024
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Paper Q2 net loss $52M vs prior year net income $23M; revenue down 15%
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- Net loss of $52M ($3.10 diluted loss) vs net income of $23M ($1.36) in Q2 2020.
- Adjusted EBITDA fell to $15M from $79M; net sales $406M, down 15% year-over-year.
- Consumer Products segment sales down 33% to $181M; tissue case shipments fell 36%.
- Paperboard segment sales up 5% but operating income dropped to $13M from $32M on maintenance outage.
- Incurred $41.7M impairment and closure costs for Neenah facility; continued to reduce net debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441236/000150433721000024/0001504337-21-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441236/000150433721000024/clw-20210804.htm
  HTML page:      https://secwatch.observer/filing/0001504337-21-000024

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