Clearwater Paper (CLW) Misses Q3 EPS by 18c, Revenue Beats

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Clearwater Paper Reports Third Quarter 2019 Results

October 24, 2019 4:05 PM EDT

SPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE: CLW) today reported financial results for the third quarter of 2019.

The company reported net sales of $445.2 million for the third quarter of 2019, which were $18.7 million or 4.4% higher than net sales of $426.5 million for the third quarter of 2018. The increase was due to higher net paperboard and tissue pricing from previously announced price changes and higher retail tissue shipments. These items were partially offset by lower non-retail tissue shipments primarily resulting from the sale of the company's mill in Ladysmith, Wisconsin in August... More