CLARUS CORP
CLAR
Consumer Discretionary
2
exclusion reasons
1 theme
CLARUS CORP is screened out under 2 exclusion reasons spanning 1 issue category.
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.
Clarus Corporation, through its Precision Sport segment, manufactured and distributed ammunition under the Sierra Bullets and Barnes Bullets brands, which are leading products in the civilian firearms market. The company reported that this ammunition business generated approximately $165 million in revenue for the fiscal year ended December 31, 2023. On January 5, 2024, Clarus completed the sale of this entire Precision Sport segment to Bullseye Acquisitions, LLC, an entity affiliated with the owner of firearm manufacturers Savage Arms and Pure Archery. This sale marked Clarus's exit from the ammunition manufacturing business.
Clarus Corporation owns Safariland, a manufacturer and retailer of tactical gear for law enforcement and military customers. The company produces body armor, bomb suits, and tear gas canisters specifically designed for tactical and defensive operations. While the evidence does not specify the exact percentage of revenue derived from military contracts, Safariland’s product line and marketing are specialized for military and law enforcement applications, meeting the threshold for exclusion based on targeted military products.
Research Sources
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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