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
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
5 Jun 23
SD
Conflict minerals disclosure
31 May 23
10-Q
2023 Q1
Quarterly report
1 May 23
8-K
Clarus Reports First Quarter 2023 Results
1 May 23
ARS
2022 FY
Annual report to shareholders
28 Apr 23
DEF 14A
Definitive proxy
28 Apr 23
8-K
Entry into a Material Definitive Agreement
4 Apr 23
8-K
Entry into a Material Definitive Agreement
16 Mar 23
10-K
2022 FY
Annual report
27 Feb 23
8-K
Clarus Reports Fourth Quarter and Full Year 2022 Results
27 Feb 23
Transcripts
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
CLAR
Earnings call transcript
2021 Q2
3 Aug 21
CLAR
Earnings call transcript
2021 Q1
11 May 21
CLAR
Earnings call transcript
2020 Q4
9 Mar 21
Latest ownership filings
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| 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) | 10.31 mm | 10.31 mm | 10.31 mm | 10.31 mm | 10.31 mm | 10.31 mm |
| Cash burn (monthly) | 583.67 k | 511.75 k | (no burn) | 6.07 mm | (no burn) | (no burn) |
| Cash used (since last report) | 1.29 mm | 1.13 mm | n/a | 13.42 mm | n/a | n/a |
| Cash remaining | 9.02 mm | 9.18 mm | n/a | -3.11 mm | n/a | n/a |
| Runway (months of cash) | 15.5 | 17.9 | n/a | -0.5 | n/a | n/a |
Institutional ownership, Q1 2023
89.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 109 |
| Opened positions | 14 |
| Closed positions | 28 |
| Increased positions | 40 |
| Reduced positions | 35 |
| 13F shares | Current |
|---|---|
| Total value | 274.19 bn |
| Total shares | 33.32 mm |
| Total puts | 578.90 k |
| Total calls | 258.60 k |
| Total put/call ratio | 2.2 |
| Largest owners | Shares | Value |
|---|---|---|
| Greenhouse Funds LLLP | 4.62 mm | $43.64 bn |
| Brown Advisory | 4.53 mm | $42.78 bn |
| Thrivent Financial For Lutherans | 3.22 mm | $30.61 bn |
| FMR | 2.73 mm | $25.80 bn |
| Cropley Nominees Pty | 2.32 mm | $61.49 mm |
| BLK Blackrock | 1.72 mm | $16.21 bn |
| Kanders Warren B | 1.53 mm | $30.88 mm |
| Vanguard | 1.48 mm | $13.96 bn |
| WCM Investment Management | 801.04 k | $7.57 bn |
| ArrowMark Colorado | 769.01 k | $7.27 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jun 23 | House Donald | Stock Option (right to purchase) Common Stock | Grant | Acquire A | No | No | 7.91 | 15,000 | 118.65 k | 15,000 |
| 1 Jun 23 | James E Walker | Stock Option (right to purchase) Common Stock | Grant | Acquire A | No | No | 7.91 | 15,000 | 118.65 k | 15,000 |
| 1 Jun 23 | Susan Ottmann | Stock Option (right to purchase) Common Stock | Grant | Acquire A | No | No | 7.91 | 15,000 | 118.65 k | - |
| 1 Jun 23 | Sokolow Nicolas | Stock Option (right to purchase) Common Stock | Grant | Acquire A | No | No | 7.91 | 15,000 | 118.65 k | 15,000 |
| 1 Jun 23 | Henning Michael A | Stock Option (right to purchase) Common Stock | Grant | Acquire A | No | No | 7.91 | 15,000 | 118.65 k | 15,000 |
News
Benzinga's Top Ratings Upgrades, Downgrades For May 3, 2023
3 May 23
B of A Securities Downgrades Clarus to Neutral, Lowers Price Target to $10
3 May 23
Clarus: Dividend Insights
2 May 23
Roth MKM Maintains Buy on Clarus, Raises Price Target to $12
2 May 23
Clarus Q1 EPS $0.18 Misses $0.20 Estimate, Sales $97.38M Beat $95.04M Estimate
1 May 23