---
schema_version: "secwatch.filing_event.v1"
accession: "0001504337-21-000030"
form_type: "8-K"
ticker: "CLW"
cik: "0001441236"
company_name: "Clearwater Paper Corp"
filed_at: "2021-11-02T23:59:59+00:00"
generated_at: "2026-06-28T15:03:17.049519+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clearwater Paper Q3 net income falls 90% YoY to $2M on $450M sales; adj. EBITDA $50M

## Summary
- Net income $2M ($0.11 diluted) vs $21M ($1.28) year ago; adjusted net income $9M ($0.55) vs $27M.
- Net sales $450M, down 2% YoY; Consumer Products segment sales down 13% to $214M, operating income $4M vs $32M.
- Paperboard segment sales up 9% to $237M; average price per ton up 9% to $1,102.
- Closed Neenah, WI tissue facility; reduced net debt by $7M in quarter, $32M YTD.
- Q4 outlook: favorable paperboard dynamics and Neenah closure benefits offset by rising inflation.

## SEC filing metadata
- accession: 0001504337-21-000030
- form_type: 8-K
- ticker: CLW
- cik: 0001441236
- company_name: Clearwater Paper Corp
- filed_at: 2021-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1441236/000150433721000030/0001504337-21-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1441236/000150433721000030/clw-20211102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001504337-21-000030
- JSON: https://secwatch.observer/filing/0001504337-21-000030.json
- Plain text: https://secwatch.observer/filing/0001504337-21-000030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.