Clarus Corp SEC 10-Q Report

Clarus Corp, a leading company in the outdoor and adventure equipment industry, has released its Form 10-Q report for the second quarter of 2025. The report provides a comprehensive overview of the company's financial performance and operational activities during the period, highlighting key metrics and future outlooks.

Financial Highlights

• Total Sales: $55.2 million, reflecting a slight decrease from the previous year due to lower international sales.
• Gross Profit: $19.7 million, indicating a decrease in profitability compared to the previous year.
• Operating Loss: $(10.9) million, primarily driven by increased operating expenses including legal costs and impairment charges.
• Net Loss: $(8.4) million, impacted by higher operating expenses and lower sales.
• Net Loss Per Share: $(0.22), consistent with the decline in net income.

Business Highlights

• Revenue Segments: The Outdoor segment reported domestic sales of $18,621 and international sales of $18,040 for the three months ended June 30, 2025. The Adventure segment reported domestic sales of $6,103 and international sales of $12,483 for the same period.
• Geographical Performance: The company experienced a decline in international sales in the Adventure segment, with sales decreasing from $16,248 in the three months ended June 30, 2024, to $12,483 in the same period in 2025.
• Future Outlook: The company anticipates completing its restructuring activities by the end of 2025, which are aimed at facilitating long-term sustainable growth through cost reduction actions.

SEC Filing: Clarus Corp [ CLAR ] - 10-Q - Jul. 31, 2025