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 fourth quarter and full year ended December 31, 2025 results: revenue $65.4 million, net income Net loss of $31.3 million, or $(0.81) per diluted share.
“Fourth Quarter 2025 Financial Summary vs. Same Year - Ago Quarter · Sales of $65.4 million compared to $71.4 million. · Gross margin was 27.7% compared to 33.4%; adjusted gross margin of 33.6% compared to 38.0%. · Net loss of $31.3 million, or $(0.81) per diluted share”
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.”
Material Agreements
Clarus Corp entered into Purchase Agreement with Bullseye Acquisitions, LLC valued at $175 million (effective 2023-12-29).
“On December 29, 2023, Clarus Corporation (the “Company”) and Everest/Sapphire Acquisition, LLC (the “Seller”), a wholly owned subsidiary of the Company, entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Bullseye Acquisitions, LLC (the “Buyer”), an affiliate of JDH Capital Company, pursuant to which 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 Bullets, L.L.C. (“Sierra”) and Barnes Bullets – Mona, LLC (“Barnes”) to the Buyer.”
Earnings Releases
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.
“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.”
Aaron Kuehne departed as Executive Vice President and Chief Administrative Officer at Clarus Corp.
“Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (b) The disclosure set forth in Item 1.01 of this Report with respect to Mr. Kuehne is incorporated into this Item 5.02 by reference.”
Shareholder Votes
Clarus Corp shareholders approved To ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 at the 2023-12-31 meeting.
“Proposal 4 – To ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023: Votes For Votes Against Votes Abstained Broker Non-Votes 32,457,800 202,156 6,967 0”
Shareholder Votes
Clarus Corp shareholders approved To approve, on an advisory basis, the frequency of future advisory votes on executive compensation.
“Proposal 3 – To approve, on an advisory basis, the frequency of future advisory votes on executive compensation: Every 1 Year Every 2 Years Every 3 Years Votes Abstained Broker Non-Votes 13,917,776 8,281 14,703,892 259,646 3,777,328”
Shareholder Votes
Clarus Corp shareholders approved To approve an advisory resolution on executive compensation.
“Proposal 2 – To approve an advisory resolution on executive compensation: Votes For Votes Against Votes Abstained Broker Non-Votes 15,641,107 12,977,137 271,351 3,777,328”
Shareholder Votes
Clarus Corp shareholders approved To elect six members 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:.
“Proposal 1 – To elect six members 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 22,626,496 6,263,099 3,777,328 Donald L. House 17,364,389 11,525,206 3,777,328 Nicholas Sokolow 17,199,907 11,689,688 3,777,328 Michael Henning 20,423,633 8,465,962 3,777,328 Susan Ottmann 22,605,582 6,284,013 3,777,328 James E. Walker III 22,425,349 6,464,246 3,777,328”
Earnings Releases
Clarus Corp reported the first quarter ended March 31, 2023 results: revenue $97.4 million, net income $1.6 million, or $0.04 per diluted share. Guidance reaffirmed.
“and consumer enthusiast markets, reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Summary vs. Same Year-Ago Quarter · Sales of $97.4 million compared to $113.3 million. · Gross margin was 37.0% compared to 39.1%. · Net income of $1.6 million, or $0.04 per diluted share, compared to $5.3 million, or $0.13 per diluted”
John Walbrecht departed as President at Clarus Corp.
“The disclosure set forth in Item 1.02 of this Report with respect to Mr. Walbrecht is incorporated into this Item 5.02 by reference. The Company does not anticipate filling the role of President of the Company at this time.”
Earnings Releases
Clarus Corp reported Third Quarter 2022 results: revenue $115.7 million, net income $2.8 million, EPS $0.07 per diluted share. Guidance lowered.
“Clarus Reports Third Quarter 2022 Results – Sales in the Third Quarter of 2022 Increased 6% Year-Over-Year to $115.7 Million”
James E. Walker III was appointed as Director at Clarus Corp.
“On February 1, 2022, Clarus Corporation (the “Company”) appointed Mr. James E. Walker III to serve on the Company’s Board of Directors until the Company’s next Annual Meeting of Stockholders and until his successor is duly elected and qualified.”
Michael J. Yates was appointed as Chief Financial Officer at Clarus Corp.
“Mr. Michael J. Yates was appointed to serve as the Company’s new Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, effective as of January 3, 2022.”
Aaron J. Kuehne changed role as Executive Vice President and Chief Operating Officer at Clarus Corp.
“As a result of the promotion of Aaron J. Kuehne to the new roles of Executive Vice President and Chief Operating Officer, effective as of January 3, 2022, Mr. Kuehne ceased serving as the Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer”
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.