secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Paper Corp (CLW)
CIK:        0001441236
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0001504337-21-000030
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441236/000150433721000030/0001504337-21-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441236/000150433721000030/clw-20211102.htm
  HTML page:      https://secwatch.observer/filing/0001504337-21-000030

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