Clearwater Paper Q3 net loss narrows to $2 million; CFO Sherri Baker to resign
Clearwater Paper reported third-quarter 2026 net sales of $385 million, down from $399 million a year earlier, and a net loss of $2 million, or $0.10 per diluted share, compared with a $53 million loss in the prior-year quarter that included a goodwill impairment. The company guided fourth-quarter Adjusted EBITDA from continuing operations to $10 million to $20 million, and Chief Financial Officer Sherri Baker intends to resign effective November 13, 2026.
Key points
- Q3 2026 net sales were $385 million versus $399 million in Q3 2025; net loss was $2 million ($0.10 per diluted share) versus $53 million ($3.30 per share) a year earlier.
- Adjusted EBITDA from continuing operations was $24 million versus $18 million in Q3 2025.
- Q4 2026 Adjusted EBITDA is projected at $10 million to $20 million, citing lower seasonal shipments and Augusta mill disruptions that continued into October.
- CFO Sherri Baker informed the company on October 22, 2026, that she intends to resign, effective at the close of business on November 13, 2026.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.