---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-115239"
form_type: "8-K"
ticker: "CLAR"
cik: "0000913277"
company_name: "Clarus Corp"
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T18:39:07.709610+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clarus Q3 sales down 13% to $100.1M; net loss of $1.3M; FY2023 guidance lowered

## Summary
- Sales $100.1M (-13.5% YoY); gross margin 35.5% (+140 bps).
- Net loss $1.3M ($0.03 loss/share) vs net income $2.8M ($0.07) last year.
- Adjusted EBITDA $9.9M (9.9% margin) vs $15.1M (13.0%); Precision Sport sales down 45%.
- FY2023 outlook lowered: sales $364–368M, adj. EBITDA $33–35M.
- Acquired TRED Outdoors on Oct 9 for cash, stock, future consideration; net debt leverage 3.3x.

## SEC filing metadata
- accession: 0001104659-23-115239
- form_type: 8-K
- ticker: CLAR
- cik: 0000913277
- company_name: Clarus Corp
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913277/000110465923115239/0001104659-23-115239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913277/000110465923115239/tm2330065d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-115239
- JSON: https://secwatch.observer/filing/0001104659-23-115239.json
- Plain text: https://secwatch.observer/filing/0001104659-23-115239.txt

## Key facts
- Earnings Releases
  Clarus Corp reported the third quarter ended September 30, 2023 results: revenue $100.1 million, net income Net loss of $1.3 million, or $(0.03) per diluted share, EPS $(0.03) per diluted share.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $100.1 million
  - Net income: Net loss of $1.3 million, or $(0.03) per diluted share
  - EPS: $(0.03) per diluted share
  - Result: reported results
  source text: Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Summary vs. Same Year-Ago Quarter · Sales of $100.1 million compared to $115.7 million. · Gross margin improved 140 basis points to 35.5% compared to 34.1%. · Net loss of $1.3 million, or $(0.03) per diluted share, compared to net income of $2.8 million, or $0.07 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/913277/000110465923115239/0001104659-23-115239-index.htm

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