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Jun 30
Clarus Q2 2025 Earnings Report
Clarus' financial results for the second quarter of 2025 were reported, showing a decrease in sales and an increased net loss compared to the same period last year.
Key Takeaways
Clarus Corporation reported a challenging second quarter in 2025, with total sales decreasing to $55.2 million from $56.5 million in the prior year. The company experienced an increased net loss of $8.4 million, or $(0.22) per diluted share, compared to a net loss of $5.5 million, or $(0.14) per diluted share, in the year-ago quarter. Despite these headwinds, the company remains focused on operational execution and strategic initiatives, including the divestiture of the PIEPS snow safety brand for $9.1 million.
Total sales for Q2 2025 were $55.2 million, a decrease from $56.5 million in Q2 2024.
Net loss increased to $8.4 million, or $(0.22) per diluted share, compared to $5.5 million, or $(0.14) per diluted share, in the prior year.
Adjusted EBITDA was $(2.1) million with an adjusted EBITDA margin of (3.8)%, compared to $(1.9) million with an adjusted EBITDA margin of (3.4)% in Q2 2024.
The company completed the sale of its PIEPS snow safety brand for approximately $9.1 million, aiming to simplify the Black Diamond business and rationalize product categories.
Clarus
Clarus
Clarus Revenue by Segment
Clarus Revenue by Geographic Location
Revenue by Segment
Outdoor Segment Revenue
CapyFin.comAdventure Segment Revenue
CapyFin.comRevenue by Geographic Location
Domestic Sales Revenue
CapyFin.comInternational Sales Revenue
CapyFin.com Forward Guidance
Clarus anticipates a challenging consumer demand outlook for the remainder of the year and additional uncertainty from tariffs, but expects to benefit from structural actions and improvements made across both Outdoor and Adventure segments as demand normalizes.
Positive Outlook
- Positioned Black Diamond for a return to growth through simplified product portfolio, sharper marketing, key personnel hires, and rationalized inventory.
- Committed to prioritizing high-return initiatives at Adventure, particularly those that improve speed to market and enable fitting more vehicles.
- Completed the divestiture of the PIEPS snow safety brand, simplifying the Black Diamond business and rationalizing product categories.
- Believes the sum of the parts of its two segments exceeds today's market valuation, committed to maximizing long-term shareholder value.
- Anticipates benefits from structural actions and improvements across both segments as demand normalizes.
Challenges Ahead
- Continued headwinds across the global outdoor market.
- Adventure segment results continue to be affected by market softness and over-reliance on legacy customers.
- Anticipates a challenging consumer demand outlook through the remainder of the year.
- Additional uncertainty from tariffs.
- Lower sales in the Adventure segment reflect significantly reduced demand from global OEM customers and a challenging wholesale market in Australia.
Revenue & Expenses
Visualization of income flow from segment revenue to net income