Clarus Q1 sales $60.4M (down 13%), net loss $5.2M; withdraws FY guidance; new Adventure head; PIEPS sale €7.8M

Clarus Corp

2025-Q1 EPS reported -$0.14 revenue$60,433,000

Q1 sales $60.4M, down 13% YoY; net loss $(0.14) per diluted share; adjusted EBITDA margin (1.3)%.
Withdraws full-year 2025 revenue, adjusted EBITDA, capex and free cash flow guidance due to tariff and macroeconomic uncertainty.
Appoints Tripp Wyckoff as Managing Director of Adventure segment, replacing Mathew Hayward who departs June 30, 2025.
Signs agreement to sell PIEPS snow safety brand for €7.8 million; expects close before Q3 2025.

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