Filing Analysis
Clarus Corp reported the results of its Annual Meeting of Stockholders held on May 28, 2026. The company successfully elected five directors, approved an advisory resolution on executive compensation, and ratified Deloitte & Touche LLP as its independent auditor for 2026.
🚩 Red Flags
- Significant opposition to executive compensation: approximately 29.6% of shares present and voting voted against the advisory resolution on executive compensation.
📋 Key Facts
- Quorum was established with 32,544,653 shares represented (84.66% of 38,441,486 outstanding shares).
- Five directors were elected: Warren B. Kanders, Nicholas Sokolow, Susan Ottmann, Roger Werner, and Mark M. Besca.
- Executive compensation advisory resolution passed with 19,273,422 votes for and 8,127,764 votes against.
- Deloitte & Touche LLP was ratified as the independent registered public accounting firm for the year ending December 31, 2026, with 32,164,092 votes in favor.
Clarus Corporation announced its financial results for the first quarter ended March 31, 2026. The filing includes a press release and an investor presentation detailing the company's performance and various non-GAAP financial metrics.
📋 Key Facts
- Reported financial results for the first quarter ended March 31, 2026, on May 7, 2026.
- Utilized multiple non-GAAP measures including adjusted gross margin, adjusted net income, EBITDA, adjusted EBITDA, and free cash flow.
- The company defined free cash flow as net cash used in operating activities less capital expenditures.
- Management provided 2026 fiscal year guidance for adjusted EBITDA and adjusted EBITDA margin but did not provide a GAAP reconciliation due to forecasting difficulties.
Clarus Corporation reported its financial results for the fourth quarter and full fiscal year ended December 31, 2025. The filing includes a press release and a slide presentation detailing the company's performance and providing non-GAAP financial reconciliations.
📋 Key Facts
- Reported results for Q4 and full year 2025 on March 5, 2026
- Included non-GAAP measures such as Adjusted EBITDA, adjusted gross margin, and free cash flow
- Provided fiscal year 2026 guidance for adjusted EBITDA and adjusted EBITDA margin
- The filing was signed by Chief Financial Officer Michael J. Yates