The earnings call reflects a mixed performance with notable achievements in financial improvement, particularly in the Outdoor segment and cost reduction initiatives. However, significant challenges remain, particularly around tariffs, FX impacts, and margin pressures in the Adventure segment. While there are positive signs of growth and operational improvements, the macroeconomic environment continues to pose significant challenges.

Company Guidance

In the third quarter of 2025, Clarus Corporation reported net sales of $69.3 million, marking a 3% increase from the same period last year, alongside a 15% rise in quarterly adjusted EBITDA. The Outdoor segment demonstrated particularly strong performance, driven by a 29% growth in the revamped Black Diamond apparel line, with apparel sales contributing 23% to the mix, up 490 basis points from the previous year. Full-price product sales saw an increase, while sales from discontinued merchandise declined significantly. In terms of inventory, approximately 70% is now composed of the highest margin A styles. However, the company faced challenges with tariffs and currency impacts, with tariffs expected to have an unrecovered EBITDA impact of $3.2 million in 2025, and FX contract losses amounting to a $600,000 EBITDA impact in Q3. Additionally, SG&A expenses were reduced by $600,000 year-over-year, thanks to reorganization efforts. Looking forward, Clarus remains cautious about consumer sentiment and macroeconomic conditions but continues to focus on enhancing margins and ensuring sustainable growth.

Incremental Financial Improvement

Clarus Corporation reported net sales of $69.3 million, a 3% increase over the same period last year, and a quarterly adjusted EBITDA increase of 15%. This growth was driven by strong outdoor demand in North American wholesale and success with new adventure customers in Australia.

Black Diamond Apparel Success

The revamped Black Diamond apparel line saw sales growth of 29%, with in-line sales up 40.5% and discontinued merchandise down 24%. Apparel represented 23% of the mix in Q3, up 490 basis points from a year ago.

Cost Reduction Initiatives

Operational progress in reducing SG&A expenses led to a decrease of $600,000 year-over-year. On an annualized basis, Clarus removed $1.1 million of fixed costs through reorganization efforts.

Adventure Segment Growth

The Adventure segment delivered 15.9% year-over-year growth versus the third quarter of last year, with organic growth at 7.4%. A strong pipeline filled with a new Rhino-Rack customer in Australia drove much of the growth.

Clarus (CLAR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CLAR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 09, 2026	2025 (Q4)	-0.02 / -	-1.92	―	―	―
Nov 06, 2025	2025 (Q3)	-0.05 / -0.04	-0.08	50.00% (+0.04)
Jul 31, 2025	2025 (Q2)	-0.12 / -0.22	-0.14	-57.14% (-0.08)
May 08, 2025	2025 (Q1)	-0.11 / -0.14	-0.17	17.65% (+0.03)
Mar 06, 2025	2024 (Q4)	-0.01 / -1.92	-0.19	-910.53% (-1.73)	―
Nov 07, 2024	2024 (Q3)	-0.03 / -0.08	-0.03	-166.67% (-0.05)	―
Aug 01, 2024	2024 (Q2)	-0.12 / -0.14	-0.06	-133.33% (-0.08)	―
May 02, 2024	2024 (Q1)	-0.10 / -0.17	0.04	-525.00% (-0.21)	―
Mar 07, 2024	2023 (Q4)	-0.08 / -0.19	-2.2	91.36% (+2.01)	―
Nov 07, 2023	2023 (Q3)	0.06 / -0.03	0.07	-142.86% (-0.10)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CLAR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 06, 2025	$3.25	$3.67	+12.92%
Jul 31, 2025	$3.57	$3.14	-12.04%
May 08, 2025	$3.45	$3.18	-7.83%
Mar 06, 2025	$4.17	$4.34	+4.08%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Clarus Corporation (CLAR) report earnings?

Clarus Corporation (CLAR) is schdueled to report earning on Mar 09, 2026, After Close (Confirmed).

What is Clarus Corporation (CLAR) earnings time?

Clarus Corporation (CLAR) earnings time is at Mar 09, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CLAR EPS forecast?

CLAR EPS forecast for the fiscal quarter 2025 (Q4) is -0.02.

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