secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Paper Corp (CLW)
CIK:        0001441236
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001504337-22-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Paper Q2 net sales up 30% to $526M, net income $15M vs year-ago loss
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- Net income of $15M ($0.86 diluted EPS) vs net loss of $52M ($3.10 loss) in Q2 2021.
- Adjusted EBITDA $63M vs $15M in prior-year quarter; adjusted net income $19M ($1.11 per share).
- Paperboard segment sales prices up 26% to $1,332/ton; tissue volumes up 25% with 8% price increase.
- Reduced net debt by $68M in the quarter; repurchased nearly $4M of shares ($26M remaining).
- Management expects inflation to persist into Q3; capital allocation priorities to be discussed later.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441236/000150433722000022/0001504337-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441236/000150433722000022/clw-20220802.htm
  HTML page:      https://secwatch.observer/filing/0001504337-22-000022

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