---
schema_version: "secwatch.filing_event.v1"
accession: "0001504337-24-000024"
form_type: "8-K"
ticker: "CLW"
cik: "0001441236"
company_name: "Clearwater Paper Corp"
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:29:13.529233+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clearwater Paper Q1 net sales down 6% to $496M; EPS $1.02 vs $1.40; Augusta acquisition on track

## Summary
- Q1 net income $17M ($1.02 diluted EPS), down from $24M ($1.40) YoY; adjusted net income $24M ($1.43).
- Consumer Products segment operating income surged to $32M from $4M; higher tissue volumes (+5%) and lower input costs.
- Pulp & Paperboard segment operating income fell to $25M from $57M on 11% lower paperboard pricing and severe weather disruption at Lewiston.
- Clearwater Paper on track to close $700M acquisition of Augusta bleached paperboard facility from Graphic Packaging 'shortly'.
- Reduced net debt by $33M in Q1; repurchased $1M shares, $6M remaining under program.

## SEC filing metadata
- accession: 0001504337-24-000024
- form_type: 8-K
- ticker: CLW
- cik: 0001441236
- company_name: Clearwater Paper Corp
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1441236/000150433724000024/0001504337-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1441236/000150433724000024/clw-20240429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001504337-24-000024
- JSON: https://secwatch.observer/filing/0001504337-24-000024.json
- Plain text: https://secwatch.observer/filing/0001504337-24-000024.txt

## Key facts
- Earnings Releases
  Clearwater Paper Corp reported first quarter ended March 31, 2024 results: revenue $496 million, net income $17 million, EPS $1.02 per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $496 million
  - Net income: $17 million
  - EPS: $1.02 per diluted share
  - Result: reported results
  source text: strong demand in tissue and improved customer demand in paperboard • Severe weather event resulting in significant disruption to production at the Lewiston site • Net sales of $496 million, down 6% from the first quarter of last year • Net income of $17 million, or $1.02 per diluted share, down $7 million from the first quarter of last year • Adjusted net income of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1441236/000150433724000024/0001504337-24-000024-index.htm

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