Clarus Q1 sales up 2.5% to $61.9M; net loss narrows to $3.3M; reviews strategic alternatives, cuts FY guidance

Clarus Corp

2026-Q1 EPS reported -$0.09 revenue$61,938,000

Sales of $61.9M (+2.5% YoY); gross margin 36.8% (+240 bps); net loss $(0.09)/share vs $(0.14).
Adjusted net income $0.7M ($0.02 EPS) vs adjusted loss of $(0.03); Outdoor sales +1.2%, Adventure +5.9%.
Board initiated strategic alternatives review; retained Jefferies LLC as financial advisor.
FY2026 outlook lowered: sales $245M-$255M (from $255M-$265M); adjusted EBITDA $3M-$5M (from $9M-$11M).
Q2 2026 outlook: sales $51M-$53M, adjusted EBITDA loss ~$3M; guidance reflects Australia headwinds & ~$3M legal/regulatory costs.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Clarus Corp reported the first quarter ended March 31, 2026 results: revenue $61.9 million, net income Net loss of $3.3 million with a net loss margin of (5.3)%, or $(0.09) per diluted share, EPS $(0.09) per diluted share.

Period: the first quarter ended March 31, 2026
Revenue: $61.9 million
Net income: Net loss of $3.3 million with a net loss margin of (5.3)%, or $(0.09) per diluted share
EPS: $(0.09) per diluted share
Result: reported results

Exact text from the filing

outdoor enthusiast markets, reported financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Summary vs. Same Year - Ago Quarter · Sales of $61.9 million compared to $60.4 million. · Gross margin was 36.8% compared to 34.4%; adjusted gross margin of 36.8% compared to 34.6%. · Net loss of $3.3 million with a net loss margin of

View on SEC.gov

Browse all earnings releases →

Clarus Corp filing history →

Source: SEC EDGAR

accession 0001104659-26-057178

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.