secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Paper Corp (CLW)
CIK:        0001441236
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001504337-23-000025
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 income $30M ($1.75/diluted), beats prior year; reduces debt $25M
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- Net sales $525M (flat YoY); net income $30M ($1.75/diluted) vs $15M ($0.86) in Q2 2022.
- Adjusted EBITDA $71M, up 13% from $63M; margin improved to 13.6% from 12%.
- Reduced net debt by $25M from Q1; repurchased $8M of shares ($15M remaining under program).
- Consumer Products segment EBITDA jumped to $40M from $19M, driven by higher prices and lower input costs.
- Pulp and Paperboard EBITDA fell to $51M from $61M on planned downtime and lower volumes; prices up 6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441236/000150433723000025/0001504337-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441236/000150433723000025/clw-20230801.htm
  HTML page:      https://secwatch.observer/filing/0001504337-23-000025

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