Clearwater Paper Corporation reported a net loss of $21.5 million, or $1.33 per diluted share, for the second quarter ended June 30, 2026, compared to a net income of $2.7 million in the prior-year period. Net sales declined 4% to $375 million, driven by a 9% decrease in average paperboard selling prices to $1,077 per ton, partially offset by an 8% increase in sales volumes to 328,722 tons. Adjusted EBITDA from continuing operations turned negative at $8.2 million, down from $39.9 million in Q2 2025, primarily due to lower market pricing and the timing of a $22 million major maintenance outage at the Lewiston, Idaho facility. The company completed a restructuring at its Cypress Bend, Arkansas facility, reducing roles by approximately 20% with expected annual savings of $8 to $12 million. Net debt decreased by $59 million to $266.8 million. Clearwater Paper Corporation operates in the paperboard manufacturing industry, supplying bleached paperboard packaging products to North American converters.