---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-088344"
form_type: "8-K"
ticker: "CLAR"
cik: "0000913277"
company_name: "Clarus Corp"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T05:26:59.236947+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Clarus Q2 sales down 27% to $83.7M; net loss of $2.1M; lowers FY2023 guidance

## Summary
- Sales $83.7M (down 27% YoY); net loss $2.1M vs income $3.8M; adj. EPS $0.11 vs $0.33 YoY.
- Adjusted EBITDA $7.3M (8.7% margin) vs $17.6M (15.3%) YoY; all segments declined.
- Outdoor sales declined 24% to $40.1M; Precision Sport down 27% to $25.8M; Adventure down 34% to $17.9M.
- FY2023 guidance lowered: sales $385-400M, adj. EBITDA $42-50M; free cash flow $30-35M.
- Net debt $127.2M, leverage 2.7x; credit facility matures 2027; NOL carryforwards $17.7M.

## SEC filing metadata
- accession: 0001104659-23-088344
- form_type: 8-K
- ticker: CLAR
- cik: 0000913277
- company_name: Clarus Corp
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913277/000110465923088344/0001104659-23-088344-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913277/000110465923088344/tm2323068d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-088344
- JSON: https://secwatch.observer/filing/0001104659-23-088344.json
- Plain text: https://secwatch.observer/filing/0001104659-23-088344.txt

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