Headquartered in Salt Lake City, Utah, Clarus Corporation is a leading developer, manufacturer and distributor of best-in class outdoor equipment and lifestyle products focused on the climb, ski, mountain, and sport markets. With a strong reputation for innovation, style, quality, design, safety and durability, Clarus' portfolio of iconic brands includes Black Diamond®, Sierra®, Barnes®, PIEPS®, and SKINourishment® sold through specialty and online retailers, distributors and original equipment manufacturers throughout the U.S. and internationally.
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
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
10-Q
2022 Q3
Quarterly report
7 Nov 22
8-K
Clarus Reports Third Quarter 2022 Results
7 Nov 22
8-K
Other Events
4 Oct 22
8-K
Other Events
22 Aug 22
10-Q
2022 Q2
Quarterly report
1 Aug 22
8-K
Clarus Reports Record Second Quarter 2022 Results
1 Aug 22
424B2
Prospectus for primary offering
12 Jul 22
Transcripts
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
CLAR
Earnings call transcript
2020 Q3
9 Nov 20
Latest ownership filings
4
NICOLAS SOKOLOW
16 Mar 23
4
WARREN B KANDERS
16 Mar 23
SC 13G/A
BROWN ADVISORY INC
9 Feb 23
SC 13G
FMR LLC
9 Feb 23
4
John Walbrecht
31 Jan 23
4
WARREN B KANDERS
31 Jan 23
SC 13G/A
Greenhouse Funds LLLP
26 Jan 23
4
DONALD HOUSE
12 Dec 22
SC 13G/A
Greenhouse Funds LLLP
21 Oct 22
SC 13G/A
BROWN ADVISORY INC
11 Oct 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| 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) | 12.06 mm | 12.06 mm | 12.06 mm | 12.06 mm | 12.06 mm | 12.06 mm |
| Cash burn (monthly) | (no burn) | 617.00 k | 30.48 mm | 5.79 mm | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 1.87 mm | 92.50 mm | 17.56 mm | n/a | n/a |
| Cash remaining | n/a | 10.19 mm | -80.44 mm | -5.50 mm | n/a | n/a |
| Runway (months of cash) | n/a | 16.5 | -2.6 | -0.9 | n/a | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 123 |
| Opened positions | 29 |
| Closed positions | 47 |
| Increased positions | 31 |
| Reduced positions | 41 |
| 13F shares | Current |
|---|---|
| Total value | 196.36 bn |
| Total shares | 31.79 mm |
| Total puts | 547.40 k |
| Total calls | 400.70 k |
| Total put/call ratio | 1.4 |
| Largest owners | Shares | Value |
|---|---|---|
| Greenhouse Funds LLLP | 4.62 mm | $36.21 bn |
| Brown Advisory | 4.48 mm | $35.10 bn |
| FMR | 2.51 mm | $19.69 bn |
| Cropley Nominees Pty | 2.32 mm | $61.49 mm |
| Thrivent Financial For Lutherans | 1.81 mm | $14.19 mm |
| BLK Blackrock | 1.74 mm | $13.65 bn |
| Kanders Warren B | 1.53 mm | $30.88 mm |
| Vanguard | 1.46 mm | $11.43 bn |
| Banco BTG Pactual | 937.52 k | $7.35 bn |
| ArrowMark Colorado | 849.84 k | $6.66 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Mar 23 | Kanders Warren B | Restricted Stock Award Common Stock | Grant | Acquire A | No | No | 0 | 500,000 | 0.00 | 500,000 |
| 14 Mar 23 | Sokolow Nicolas | Common Stock | Gift | Acquire G | Yes | No | 0 | 10,000 | 0.00 | 50,000 |
| 14 Mar 23 | Sokolow Nicolas | Common Stock, par value $0.0001 per share ("Common Stock") | Gift | Dispose G | No | No | 0 | 10,000 | 0.00 | 70,448 |
| 28 Jan 23 | John Walbrecht | Common Stock | Payment of exercise | Dispose F | No | No | 9.97 | 11,822 | 117.87 k | 194,184 |
| 28 Jan 23 | John Walbrecht | Common Stock, $.0001 par value ("Common Stock") | Grant | Acquire A | No | No | 0 | 37,500 | 0.00 | 206,006 |
| 28 Jan 23 | Kanders Warren B | Common Stock, $.0001 par value ("Common Stock") | Grant | Acquire A | No | No | 0 | 116,667 | 0.00 | 3,758,672 |
| 7 Dec 22 | House Donald | Common Stock | Payment of exercise | Dispose F | No | No | 7.92 | 38,511 | 305.01 k | 161,489 |
| 7 Dec 22 | House Donald | Common Stock, par value $0.0001 per share ("Common Stock") | Option exercise | Acquire M | No | No | 6.1 | 50,000 | 305.00 k | 200,000 |
| 7 Dec 22 | House Donald | Stock Option (right to purchase) Common Stock | Option exercise | Dispose M | No | No | 6.1 | 50,000 | 305.00 k | 0 |
News
Clarus's Return On Capital Employed Insights
2 Mar 23
Friday Is Your Last Chance To Buy Clarus Before The Dividend Payout
1 Mar 23
Lake Street Maintains Buy on Clarus, Lowers Price Target to $20
28 Feb 23
12 Consumer Discretionary Stocks Moving In Monday's After-Market Session
27 Feb 23
Clarus Q4 EPS $0.20 Misses $0.22 Estimate, Sales $104.18M Beat $101.00M Estimate
27 Feb 23