secwatch / observer

Clarus Corp — fact timeline

Source-grounded facts extracted from Clarus Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CLAR Clarus Corp JSON
Shareholder Votes

Clarus Corp shareholders approved Ratify appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2026 at the 2026-12-31 meeting.

“Proposal 3 – To ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026: Votes For Votes Against Votes Abstained Broker Non-Votes 32,164,092 365,954 14,607 0”
Shareholder Votes

Clarus Corp shareholders approved Advisory resolution on executive compensation.

“Proposal 2 – To approve an advisory resolution on executive compensation: Votes For Votes Against Votes Abstained Broker Non-Votes 19,273,422 8,127,764 57,138 5,086,329”
Shareholder Votes

Clarus Corp shareholders approved To elect five directors.

“Proposal 1 – To elect five directors to serve on the Company’s Board of Directors until the next Annual Meeting of Stockholders and until their successors are duly elected and qualified: Name Votes For Votes Withheld Broker Non-Votes Warren B. Kanders 22,373,079 5,085,245 5,086,329 Nicholas Sokolow 20,395,026 7,063,298 5,086,329 Susan Ottmann 22,314,213 5,144,111 5,086,329 Roger Werner 21,940,144 5,518,180 5,086,329 Mark M. Besca 22,037,878 5,420,446 5,086,329”
Earnings Releases

Clarus Corp reported the first quarter ended March 31, 2026 results: revenue $61.9 million, net income Net loss of $3.3 million with a net loss margin of (5.3)%, or $(0.09) per diluted share, EPS $(0.09) per diluted share.

“outdoor enthusiast markets, reported financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Summary vs. Same Year - Ago Quarter · Sales of $61.9 million compared to $60.4 million. · Gross margin was 36.8% compared to 34.4%; adjusted gross margin of 36.8% compared to 34.6%. · Net loss of $3.3 million with a net loss margin of”
Earnings Releases

Clarus Corp reported the first quarter ended March 31, 2024 results: revenue $69.3 million, net income $21.9 million, EPS $0.57 per diluted share. Guidance reaffirmed.

“First Quarter 2024 Financial Summary vs. Same Year - Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) · Sales of $69.3 million compared to $70.3 million. · Gross margin was 35.9% compared to 36.3%; adjusted gross margin of 36.9% compared to 36.3%. · Net income, which includes the impact of”

Roger Werner was appointed as Director at Clarus Corp.

“Clarus Corporation’s (the “Company”) Board of Directors appointed Mr. Roger Werner to serve on the Company’s Board of Directors effective as of March 8, 2024, until the Company’s next Annual Meeting of Stockholders and until his successor is duly elected and qualified.”
Earnings Releases

Clarus Corp reported the full year ended December 31, 2023 results: revenue $286.0 million, net income Loss from continuing operations of $15.8 million, EPS $(0.42) per diluted share. Guidance initiated.

“2023 Financial Summary vs. 2022 (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) · Sales of $286.0 million compared to $315.3 million. · Gross margin was 34.1% compared to 34.9%; adjusted gross margin was 34.1% compared to 35.0%. · Loss from continuing operations of $15.8 million, or $(0.42) per diluted share, compared to loss from continuing operations of $92.8 million, or $(2.49) per diluted share.”
Earnings Releases

Clarus Corp reported the fourth quarter ended December 31, 2023 results: revenue $76.5 million, net income Loss from continuing operations of $7.2 million, EPS $(0.19) per diluted share. Guidance initiated.

“Fourth Quarter 2023 Financial Summary vs. Same Year - Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) · Sales of $76.5 million compared to $73.8 million. · Gross margin was 28.9% compared to 37.2%. · Loss from continuing operations of $7.2 million, or $(0.19) per diluted share, compared to loss from continuing operations of $83.3 million, or $(2.25) per diluted share.”
M&A Transactions

Clarus Corp completed a disposition involving Bullseye Acquisitions, LLC, an affiliate of JDH Capital Company for $175 million (closed 2024-02-29).

“the Company and Seller agreed to sell all of the equity associated with the Company’s Precision Sport segment, which is comprised of the Company’s subsidiaries Sierra and Barnes to the Buyer for a purchase price of $175 million”
Material Agreements

Clarus Corp terminated Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto (effective 2024-02-29).

“Contemporaneous with the closing of the Sale Transaction (hereinafter defined), Clarus Corporation (the “Company”) directed $135,013,124 of the proceeds from the closing of the Sale Transaction to payoff any and all outstanding borrowings under that certain Amended and Restated Credit Agreement, dated April 18, 2022, by and among the Company, Black Diamond Retail, Inc., Black Diamond Retail – Alaska, LLC, Sierra Bullets, L.L.C. (“Sierra”), SKINourishment, LLC, Black Diamond Retail – Colorado, LLC, Black Diamond Retail – Montana, LLC, Black Diamond Retail – Wyoming, LLC, Barnes Bullets-Mona, LLC (“Barnes”), Black Diamond Retail – Oregon, LLC, Black Diamond Retail – Vermont, LLC (collectively with the Company, the “Borrowers”) and the other loan parties party thereto (together with the Borrowers, each a “Loan Party”, and collectively, the “Loan Parties”) and JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”) and the lenders party thereto (the “Amended and Res”

James E. Walker III resigned as Director at Clarus Corp.

“On January 8, 2024, James E. Walker III notified the Board of Directors of Clarus Corporation (the “Company”) of his resignation as a director of the Company, effective as of January 8, 2024.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.