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Clarus Corporation (CLAR)
NASDAQ:CLAR
Earnings Data
Report Date
May 11, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.11Last Year’s EPS
-0.14Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: the company faces meaningful near-term headwinds including revenue declines, tariff and FX-related margin pressure, significant inventory reserves (notably in Adventure) and ongoing legal uncertainty. Offsetting these negatives are several substantive positives — a debt-free balance sheet, strong cash generation, operational simplification and margin-improvement initiatives (including large pricing actions that have offset a substantial portion of tariff impact), product-line momentum at Black Diamond (notably apparel), geographic expansion and distribution wins for Adventure, and clear 2026 guidance. Management emphasized progress in restructuring, improved inventory quality, and path-to-recovery actions, but the benefits are partially offset by current macro and one-time charges. Overall, the positives and negatives are roughly balanced.Company Guidance
Debt-Free Balance Sheet and Cash Position
Total debt of $0 at December 31, 2025 and cash & cash equivalents of $36.7 million (guidance-consistent range of $35M-$40M). Strong Q4 free cash flow of $11.6 million (although down from $14.4M YoY).
Clear 2026 Financial Guidance
Full-year 2026 revenue guidance $255M–$265M (midpoint $260M) with adjusted EBITDA guidance $9M–$11M (approx. 3.8% margin at midpoint). Segment targets: Adventure ~$80M and Outdoor ~$180M.
Operational and Margin Actions Taken
Implemented pricing, sourcing, vendor concessions, air freight and other tariff mitigations that offset ~75% of Black Diamond tariff impact heading into 2026; Black Diamond estimates roughly $7M–$8M of price increases taken cumulatively to offset tariffs and expects the remaining unrecovered impact to be ~$2.8M in 2026.
Black Diamond Apparel Momentum
Black Diamond apparel sales grew 10% in Q4 despite unusually poor seasonal conditions; apparel (with mountain and climb) grew 3.7% in Q4 and accounted for 86% of Q4 sales and ~90% for the full year, and apparel expected to be up double-digits in 2026.
Improved Inventory Composition and Product Margin Progress
Significant portfolio simplification (exited low-margin categories, SKU rationalization), engineered >300 basis points of product margin improvement pre-tariff at Black Diamond via mix, sourcing and line simplification; management reports improved inventory quality and concentration in high-volume 'A' SKUs.
Adventure International Growth and Distribution Wins
Adventure expanded European footprint with new Netherlands 3PL (enabling smaller-order growth across Sweden, Norway, U.K., Spain and Eastern Europe) and added a Japan partner; secured chain-wide Rhino-Rack placement across ~300 Australia/New Zealand locations expected to be a top-5 customer in 2026.
Record Product Development Achievements
Adventure delivered a record number of new vehicle fitments in 2025 (most in the prior 10 years), strengthening competitive positioning and supporting future revenue growth.
Restructuring & Cost Discipline
Ongoing restructuring and cost actions: headcount reduction (BD headcount down 38% vs 2023 baseline, 30% excluding manufacturing changes), store closures, consolidation of facilities, and other cost-outs that reduced SG&A (Q4 SG&A down 8% YoY).
CLAR Earnings History
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 |
|---|---|---|---|
Mar 05, 2026 | $3.07 | $2.96 | -3.55% |
Nov 06, 2025 | $3.20 | $3.61 | +12.95% |
Jul 31, 2025 | $3.52 | $3.08 | -12.23% |
May 08, 2025 | $3.39 | $3.13 | -7.84% |
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 May 11, 2026, After Close (Confirmed).
What is Clarus Corporation (CLAR) earnings time?
Clarus Corporation (CLAR) earnings time is at May 11, 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 2026 (Q1) is -0.11.