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Mar 31, 2022
Clarus Q1 2022 Earnings Report
Clarus reported record first quarter results with a 50% increase in sales year-over-year.
Key Takeaways
Clarus Corporation reported a strong first quarter in 2022, with sales increasing by 50% to $113.3 million. The company's adjusted EBITDA reached a record $19.7 million, representing a 17.4% margin. The Precision Sport segment and Adventure segment demonstrated strong growth, while the Outdoor segment faced logistical challenges.
Sales increased 50% year-over-year to $113.3 million.
Record adjusted EBITDA of $19.7 million with a 17.4% margin.
Precision Sport segment sales increased by 41%.
Rhino-Rack's net sales in North America increased 42%.
Revenue by Segment
Forward Guidance
Clarus anticipates fiscal year 2022 sales to grow approximately 25% to $470.0 million compared to 2021. The Company expects adjusted EBITDA in 2022 to be approximately $78.0 million, or an adjusted EBITDA margin of 16.5%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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