{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-115239","form_type":"8-K","ticker":"CLAR","cik":"0000913277","company_name":"Clarus Corp","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.380320+00:00","generated_at":"2026-06-08T18:39:07.709610+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 sales down 13% to $100.1M; net loss of $1.3M; FY2023 guidance lowered","bullets":["Sales $100.1M (-13.5% YoY); gross margin 35.5% (+140 bps).","Net loss $1.3M ($0.03 loss/share) vs net income $2.8M ($0.07) last year.","Adjusted EBITDA $9.9M (9.9% margin) vs $15.1M (13.0%); Precision Sport sales down 45%.","FY2023 outlook lowered: sales $364–368M, adj. EBITDA $33–35M.","Acquired TRED Outdoors on Oct 9 for cash, stock, future consideration; net debt leverage 3.3x."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-115239","json":"https://secwatch.observer/filing/0001104659-23-115239.json","markdown":"https://secwatch.observer/filing/0001104659-23-115239.md","text":"https://secwatch.observer/filing/0001104659-23-115239.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/913277/000110465923115239/0001104659-23-115239-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/913277/000110465923115239/tm2330065d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T18:39:07.709610+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":"3ed60571155794dc956b1447ca21be7a9584fada","claim":"Clarus Corp reported the third quarter ended September 30, 2023 results: revenue $100.1 million, net income Net loss of $1.3 million, or $(0.03) per diluted share, EPS $(0.03) per diluted share.","evidence_excerpt":"Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Summary vs. Same Year-Ago Quarter · Sales of $100.1 million compared to $115.7 million. · Gross margin improved 140 basis points to 35.5% compared to 34.1%. · Net loss of $1.3 million, or $(0.03) per diluted share, compared to net income of $2.8 million, or $0.07 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/913277/000110465923115239/0001104659-23-115239-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$100.1 million"},{"label":"Net income","value":"Net loss of $1.3 million, or $(0.03) per diluted share"},{"label":"EPS","value":"$(0.03) per diluted share"},{"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"}