earnings
confidence high
sentiment positive
materiality 0.75
Clarus Q2 net income $4.7M vs loss; Outdoor sales up 8.5%; guides FY adj EBITDA $12-13M
Clarus Corp
- Sales $56.2M (+1.6% YoY); Outdoor segment +8.5% to $39.8M, Adventure -11.9% to $16.4M.
- Gross margin 48.9% (incl. ~1,090 bps from $6.1M IEEPA tariff refund) vs 35.6% YoY.
- Adjusted EBITDA $7.6M (13.6% margin) vs -$4.4M YoY; adjusted EPS $0.18 vs -$0.08.
- FY2026 outlook: sales $245-255M, adj EBITDA $12-13M (5.0% margin); Q3 sales $66-68M, adj EBITDA ~$3M.
- Repurchased 153,331 shares for $0.4M; acquired ONWRD Supply Co. in June; strategic review ongoing with Jefferies.