---
schema_version: "secwatch.filing_event.v1"
accession: "0001504337-23-000013"
form_type: "8-K"
ticker: "CLW"
cik: "0001441236"
company_name: "Clearwater Paper Corp"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:16:44.162919+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Clearwater Paper Q1 net sales +8% to $525M; net income $24M vs $17M YoY

## Summary
- Net sales $525M (+8% YoY); net income $24M ($1.40 diluted EPS) vs $17M ($0.97).
- Adjusted net income $25M ($1.47 diluted EPS); Adjusted EBITDA $66M vs $59M.
- Pulp & Paperboard segment sales $279M (+5%), price +14% to $1,441/ton; volumes -6%.
- Consumer Products sales $248M (+11%), tissue price +11% to $3,201/ton; volumes +2%.
- Outlook expects paperboard demand improvement H2 2023; tissue demand stays strong.

## SEC filing metadata
- accession: 0001504337-23-000013
- form_type: 8-K
- ticker: CLW
- cik: 0001441236
- company_name: Clearwater Paper Corp
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1441236/000150433723000013/0001504337-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1441236/000150433723000013/clw-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001504337-23-000013
- JSON: https://secwatch.observer/filing/0001504337-23-000013.json
- Plain text: https://secwatch.observer/filing/0001504337-23-000013.txt

## Key facts
- Earnings Releases
  Clearwater Paper Corp reported the first quarter ended March 31, 2023 results: revenue $525 million, net income $24 million, EPS $1.40 per diluted share.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $525 million
  - Net income: $24 million
  - EPS: $1.40 per diluted share
  - Result: reported results
  source text: HIGHLIGHTS • Solid performance in the quarter, with price realization offsetting inflation • Strong demand for tissue products,softening demand for paperboard • Net sales of $525 million, up 8% compared to the first quarter of last year, driven by higher pricing • Net income of $24 million, or $1.40 per diluted share • Adjusted EBITDA of $66 million "Our
  evidence_url: https://www.sec.gov/Archives/edgar/data/1441236/000150433723000013/0001504337-23-000013-index.htm

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