secwatch.observer — SEC 8-K summary
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Issuer:     Clarus Corp (CLAR)
CIK:        0000913277
Form:       8-K
Filed at:   2021-10-18T23:59:59+00:00
Accession:  0001104659-21-126990
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clarus reports preliminary Q3 sales $107-108M, raises FY2021 outlook
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- Preliminary Q3 2021 sales $107-108M, up 66-67% YoY; adjusted EBITDA $18.5-18.8M, up ~103-106%.
- Black Diamond sales up ~19%, Sierra up ~100%; Rhino-Rack added $19.5M in first quarter owned.
- FY2021 sales guidance raised to ~$362.5M (from $350M); adjusted EBITDA raised to ~$57M (from $52M).
- Cash and equivalents ~$10.9M, total debt ~$190M as of Sept 30, 2021.
- GAAP items: stock comp $3.1M, D&A $5.2M, purchase accounting inventory step-up $3.1M, transaction/integration costs $8.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913277/000110465921126990/0001104659-21-126990-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913277/000110465921126990/tm2130249d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-126990

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer