---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-056451"
form_type: "8-K"
ticker: "CLAR"
cik: "0000913277"
company_name: "Clarus Corp"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:39:32.034998+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Clarus Q1 loss from continuing ops widens to $6.5M; Adventure sales up 27%

## Summary
- Sales $69.3M vs $70.3M YoY; gross margin 35.9% (adj. 36.9%).
- Loss from continuing ops $6.5M ($0.17/sh) vs $2.0M loss; adj. EBITDA $2.0M vs $1.1M.
- Adventure segment sales +27% to $22.3M on OEM strength; Outdoor sales -11% to $47.0M.
- Repaid $135M debt, terminated credit agreement; cash $47.5M, debt $0.1M.
- Reaffirmed FY2024 guidance: sales $270-280M, adj. EBITDA $16-18M.

## SEC filing metadata
- accession: 0001104659-24-056451
- form_type: 8-K
- ticker: CLAR
- cik: 0000913277
- company_name: Clarus Corp
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913277/000110465924056451/0001104659-24-056451-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913277/000110465924056451/tm2413369d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-056451
- JSON: https://secwatch.observer/filing/0001104659-24-056451.json
- Plain text: https://secwatch.observer/filing/0001104659-24-056451.txt

## Key facts
- Earnings Releases
  Clarus Corp reported the first quarter ended March 31, 2024 results: revenue $69.3 million, net income $21.9 million, EPS $0.57 per diluted share. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $69.3 million
  - Net income: $21.9 million
  - EPS: $0.57 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: First Quarter 2024 Financial Summary vs. Same Year - Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) · Sales of $69.3 million compared to $70.3 million. · Gross margin was 35.9% compared to 36.3%; adjusted gross margin of 36.9% compared to 36.3%. · Net income, which includes the impact of
  evidence_url: https://www.sec.gov/Archives/edgar/data/913277/000110465924056451/0001104659-24-056451-index.htm

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