{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-115419","form_type":"8-K","ticker":"CLAR","cik":"0000913277","company_name":"Clarus Corp","filed_at":"2022-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.019325+00:00","generated_at":"2026-06-22T06:21:48.287179+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Clarus Q3 net income drops 38% to $2.8M; cuts FY22 EBITDA guidance to $64M from $78M","bullets":["Q3 sales $115.7M (+6% YoY, +9% constant currency); net income $2.8M ($0.07 diluted) vs $4.5M ($0.13) YoY.","Adj EBITDA $15.1M (13.0% margin) vs $19.2M (17.7%) YoY; FX headwind $3.3M, freight headwind $2.3M.","FY22 guidance cut: sales ~$445M (prior $470M); adj EBITDA ~$64M (prior $78M); free cash flow $0 to -$5M.","Adventure segment sales $18.6M, down due to vehicle delivery constraints and weak demand in Australia and North America.","Repurchased 527,277 shares for $7.2M in Q3; $42.8M remaining under $50M stock repurchase program."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-115419","json":"https://secwatch.observer/filing/0001104659-22-115419.json","markdown":"https://secwatch.observer/filing/0001104659-22-115419.md","text":"https://secwatch.observer/filing/0001104659-22-115419.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/913277/000110465922115419/0001104659-22-115419-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/913277/000110465922115419/tm2229918d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T06:21:48.287179+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"745da719e7844820578c57381a87f665a9bfb4d5","claim":"Clarus Corp reported Third Quarter 2022 results: revenue $115.7 million, net income $2.8 million, EPS $0.07 per diluted share. Guidance lowered.","evidence_excerpt":"Clarus Reports Third Quarter 2022 Results – Sales in the Third Quarter of 2022 Increased 6% Year-Over-Year to $115.7 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/913277/000110465922115419/0001104659-22-115419-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Third Quarter 2022"},{"label":"Revenue","value":"$115.7 million"},{"label":"Net income","value":"$2.8 million"},{"label":"EPS","value":"$0.07 per diluted share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}