secwatch.observer — SEC 8-K summary
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Issuer:     Clarus Corp (CLAR)
CIK:        0000913277
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001104659-22-084698
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clarus Q2 2022 sales up 57% to $114.9M; record adj. EBITDA $17.6M; new $50M buyback
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- Record Q2 sales $114.9M (+57% YoY); net income $3.8M ($0.09) up 105%; adjusted EPS $0.33 (up 92%).
- Adjusted EBITDA record $17.6M (15.3% margin) vs $11.7M (15.9%) prior year.
- Board approved new $50M stock repurchase program, replacing prior $30M program with $10.8M remaining.
- FY2022 outlook: sales ~$470M (+25%); adj. EBITDA ~$78M; Precision Sport guide up to $127.5M; Adventure down to $105M; FCF $30-40M.
- NOL carryforwards $60.7M; $39.5M expiring Dec 31, 2022 expected to be fully utilized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913277/000110465922084698/0001104659-22-084698-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913277/000110465922084698/tm2222188d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-084698

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