Clearwater Paper reported third-quarter sales of $385 million, down from $399 million a year earlier, in its October 26 earnings release. The paperboard producer attributed the decline primarily to lower market pricing.
Its net loss was $2 million, or 10 cents per diluted share, compared with a $53 million loss a year earlier. The prior-year result included a substantial noncash goodwill impairment.
Chief Executive Arsen Kitch said an operational disruption at the Augusta mill affected volumes and costs late in the quarter. Problems continued into October, although the company said it was working to restore normal operations.
Sales volumes fell 1% from the comparable quarter. Average paperboard selling prices declined 4% year over year, even as they improved from the preceding quarter.
Clearwater also reported $17.5 million in additional insurance proceeds and said net debt had declined $56 million since the start of the year. The figures are company-reported results, not an investment recommendation.
Sources Clearwater Paper — October 26 Earnings Release: https://www.businesswire.com/news/home/20261026688756/en/Clearwater-Paper-Reports-Third-Quarter-2026-Results