Weekly Recap: Q3 net loss reported and CFO Sherri Baker to resign

Clearwater Paper Corporation (NYSE:CLW) reported lower Q3 sales and a net loss, though adjusted EBITDA improved, as it launched Circa CRB and prepared Cypress Bend-produced cartons for year-end. The company also faces CFO Sherri Baker’s planned departure and price-target cuts from four firms.

Previous Week Recap

• Q3 Results And Guidance: Clearwater Paper (CLW) posted Q3 sales of $384.9 million, down 4% year over year, and a $1.6 million net loss. Adjusted EBITDA rose to $24.4 million; Q4 guidance is $10–$20 million.
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• CFO Resignation Effective November 13: Clearwater Paper Corporation (CLW) CFO Sherri Baker intends to resign, effective at the close of business on November 13, 2026.
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  TradingView
• Analysts Cut Price Targets: Four firms cut Clearwater Paper (CLW) price targets: BofA to $21 from $25, RBC to $22 from $23, TD Cowen to $20 from $21, and Truist to $17 from $20.
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  Reuters
• New Carton Product Trials: Clearwater Paper (CLW) launched Circa CRB with Greenpaper and is conducting customer trials. It is also testing Cypress Bend-produced CUK cartons ahead of a planned year-end launch.
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  MarketBeat