---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-026013"
form_type: "8-K"
ticker: "CLAR"
cik: "0000913277"
company_name: "Clarus Corp"
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-19T00:19:14.265162+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Clarus reports Q4 net loss of $81.6M on $104.2M sales; 2023 sales guidance ~$420M

## Summary
- Q4 sales $104.2M vs $118.2M YoY; net loss $81.6M ($2.20 loss per share) includes $92.3M non-cash impairment in Adventure segment.
- Adjusted EBITDA Q4 $10.6M (10.2% margin) vs $20.0M (16.9%) YoY; full year adjusted EBITDA $63.0M (14.1% margin) vs $61.5M (16.4%).
- Full year 2022 sales record $448.1M (+19% YoY); net loss $69.8M ($1.88 loss per share) includes same impairment.
- 2023 outlook: sales ~$420M, adjusted EBITDA ~$60M (14.3% margin), capex $7-8M, free cash flow $35-40M.
- Precision Sport segment Q4 sales up 10% to $30.3M; Outdoor segment sales down to $55.3M due to North American destocking.

## SEC filing metadata
- accession: 0001104659-23-026013
- form_type: 8-K
- ticker: CLAR
- cik: 0000913277
- company_name: Clarus Corp
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913277/000110465923026013/0001104659-23-026013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913277/000110465923026013/tm237937d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-026013
- JSON: https://secwatch.observer/filing/0001104659-23-026013.json
- Plain text: https://secwatch.observer/filing/0001104659-23-026013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.