Earnings Releases·Nov 5, 2026, 4:24 PM ET

Clarus Corporation — Third Quarter 2026 Earnings Summary

Consolidated sales rose 2.7% to $71.2 million year-over-year, while net income turned positive at $3.3 million ($0.09/share) compared to a $1.6 million loss in the prior year; adjusted EBITDA surged to $6.8 million (9.6% margin) from $1.8 million.
Full-year 2026 guidance was raised for sales to $251–$255 million (previously $245–$255 million) and adjusted EBITDA to $15–$17 million (previously $12–$13 million); free cash flow is now projected to be break-even.
The Board is conducting a comprehensive strategic review of alternatives, including a potential sale of the business, with Jefferies LLC serving as financial advisor and no definitive timetable established.
The Outdoor segment drove growth with 12.4% sales increases to $54.7 million, whereas the Adventure segment declined 20.2% to $16.5 million due to Australian wholesale headwinds; gross margins improved to 41.0% across both segments.