secwatch.observer — SEC 8-K summary
======================================

Issuer:     Clearwater Paper Corp (CLW)
CIK:        0001441236
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001504337-23-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441236/000150433723000013/0001504337-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441236/000150433723000013/clw-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001504337-23-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer