clarus corporation focuses on the outdoor and consumer industries in the united states, canada, europe, the middle east, asia, australia, new zealand, africa, and south america. the company develops, manufactures, and distributes outdoor equipment and lifestyle products focusing on the climb, ski, mountain, sport, and skincare markets. it operates in two segments, black diamond and sierra. the black diamond segment offers activity-based apparel, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; skincare and other sport-enhancing products; and skis, ski poles, ski skins, and snow safety products, such as avalanche airbag systems, avalanche transceivers, shovels, and probes. this segment offers its products for climbing, mountaineering, trail runni
Company profile
Ticker
CLAR
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Black Diamond, Inc., SQL FINANCIALS INTERNATIONAL INC /DE
SEC CIK
Corporate docs
Subsidiaries
Everest/Sapphire Acquisition, LLC • Black Diamond Equipment, Ltd. • Black Diamond Retail, Inc. • Black Diamond Retail – Alaska, LLC • Black Diamond Retail – Colorado, LLC • Black Diamond Retail – Montana, LLC • Black Diamond Retail – Wyoming, LLC • Black Diamond Retail – Vermont, LLC • Black Diamond Retail – Oregon, LLC • Black Diamond Equipment Europe GmbH ...
IRS number
581972600
CLAR stock data
Latest filings (excl ownership)
8-K/A
Regulation FD Disclosure
11 Mar 24
8-K
Regulation FD Disclosure
11 Mar 24
8-K
Departure of Directors or Certain Officers
8 Mar 24
8-K
Other Events
8 Mar 24
10-K
2023 FY
Annual report
7 Mar 24
8-K
Clarus Reports Fourth Quarter and Full Year 2023 Results
7 Mar 24
8-K
Clarus Completes Sale of Precision Sport Segment
6 Mar 24
8-K
Departure of Directors or Certain Officers
9 Jan 24
8-K
Clarus Enters into Definitive Agreement to Sell Precision Sport Segment
3 Jan 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
Transcripts
CLAR
Earnings call transcript
2023 Q4
7 Mar 24
CLAR
Earnings call transcript
2023 Q3
7 Nov 23
CLAR
Earnings call transcript
2023 Q2
7 Aug 23
CLAR
Earnings call transcript
2023 Q1
1 May 23
CLAR
Earnings call transcript
2022 Q4
27 Feb 23
CLAR
Earnings call transcript
2022 Q3
8 Nov 22
CLAR
Earnings call transcript
2022 Q2
2 Aug 22
CLAR
Earnings call transcript
2022 Q1
10 May 22
CLAR
Earnings call transcript
2021 Q4
8 Mar 22
CLAR
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 8.02 mm | 8.02 mm | 8.02 mm | 8.02 mm | 8.02 mm | 8.02 mm |
Cash burn (monthly) | 1.10 mm | 195.08 k | (no burn) | 7.32 mm | (no burn) | (no burn) |
Cash used (since last report) | 6.53 mm | 1.16 mm | n/a | 43.53 mm | n/a | n/a |
Cash remaining | 1.50 mm | 6.86 mm | n/a | -35.50 mm | n/a | n/a |
Runway (months of cash) | 1.4 | 35.2 | n/a | -4.9 | n/a | n/a |
Institutional ownership, Q3 2023
89.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 115 |
Opened positions | 18 |
Closed positions | 12 |
Increased positions | 33 |
Reduced positions | 38 |
13F shares | Current |
---|---|
Total value | 227.93 bn |
Total shares | 34.16 mm |
Total puts | 905.20 k |
Total calls | 84.70 k |
Total put/call ratio | 10.7 |
Largest owners | Shares | Value |
---|---|---|
Brown Advisory | 4.53 mm | $34.25 bn |
Greenhouse Funds LLLP | 4.05 mm | $30.65 bn |
Thrivent Financial For Lutherans | 3.49 mm | $26.25 bn |
FMR | 3.36 mm | $25.43 bn |
Cropley Nominees Pty | 2.32 mm | $61.49 mm |
BLK Blackrock | 1.75 mm | $13.21 bn |
FHI Federated Hermes Inc - Ordinary Shares | 1.69 mm | $12.77 bn |
Vanguard | 1.54 mm | $11.61 bn |
Kanders Warren B | 1.53 mm | $10.58 mm |
ArrowMark Colorado | 869.54 k | $6.57 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 24 | Sokolow Nicolas | Stock Option (right to purchase) Common Stock | Grant | Acquire A | No | No | 6.75 | 60,000 | 405.00 k | 60,000 |
11 Mar 24 | Susan Ottmann | Stock Option (right to purchase) Common Stock | Grant | Acquire A | No | No | 6.75 | 60,000 | 405.00 k | 60,000 |
11 Mar 24 | House Donald | Stock Option (right to purchase) Common Stock | Grant | Acquire A | No | No | 6.75 | 60,000 | 405.00 k | 60,000 |
11 Mar 24 | Roger Werner | Stock Option (right to purchase) Common Stock | Grant | Acquire A | No | No | 6.75 | 60,000 | 405.00 k | 60,000 |
11 Mar 24 | Henning Michael A | Stock Option (right to purchase) Common Stock | Grant | Acquire A | No | No | 6.75 | 60,000 | 405.00 k | 60,000 |
News
Roth MKM Maintains Buy on Clarus, Raises Price Target to $7.5
13 Mar 24
12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
13 Mar 24
Thursday Is Your Last Chance To Buy Clarus Before The Dividend Payout
12 Mar 24
12 Consumer Discretionary Stocks Moving In Friday's Intraday Session
8 Mar 24
Lake Street Maintains Buy on Clarus, Lowers Price Target to $6
8 Mar 24
Press releases
Clarus Files Lawsuit Against Caption Management LLC, Caption Partners II LP, Caption GP, LLC, William Cooper and Jason Strasser for Recovery of Short-Swing Profits
11 Mar 24
Clarus Board of Directors Approves Two of Its Top Shareholders to Increase Their Positions up to 15.0% and 26.7% of Shares Outstanding
8 Mar 24
Roger Werner Appointed to Clarus' Board of Directors
8 Mar 24
Clarus Reports Fourth Quarter and Full Year 2023 Results
7 Mar 24
Clarus Announces Fourth Quarter and Full Year 2023 Conference Call and Upcoming Investor Day
7 Feb 24