Clarus Corporation (CLAR)
NASDAQ:CLAR
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Earnings Data
Report Date
Aug 03, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.14Last Year’s EPS
-0.22Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: strong execution in the Outdoor segment, meaningful gross margin expansion, product traction, and a debt-free balance sheet are offset by material near-term headwinds in the Adventure business (primarily Australia), a downward revision to full-year revenue and EBITDA guidance, higher legal/regulatory costs now driving adjusted EBITDA lower, negative Q2 EBITDA guidance, and working capital/ cash-flow pressure. Management is pursuing cost controls, price capture, and a strategic review to unlock shareholder value, but geopolitical and consumer-demand risks create meaningful uncertainty for the remainder of 2026.Company Guidance
Consolidated Gross Margin Expansion
Consolidated gross margin widened to 36.8% in Q1 2026 from 34.4% a year ago, an improvement of ~240 basis points driven by favorable product mix and higher volumes across both segments.
Outdoor Segment Top-Line and Mix Strength
Outdoor revenue increased 5.4% in Q1 (core go-forward styles +7%), with the 'big three' categories (mountain, climb, apparel) up 6.7% and now representing >90% of revenue. Mountain +7.7%, Climb +6.6%, Apparel +4.3% (full-price apparel +10.1%).
Segment Profitability Improvements
Outdoor adjusted EBITDA was $1.4M, a 15.2% YoY improvement; Adventure moved from a Q1 2025 adjusted EBITDA loss of $0.2M to a Q1 2026 profit of $0.2M, reflecting margin recovery and cost actions.
Product and Distribution Wins
MAXTRAX MKII sales grew 22% YoY; RockyMounts added 111 new U.S. bike shop placements (~$0.5M revenue in Q1); a $600k MAXTRAX order from a large Australian retailer to be invoiced in Q2; pricing actions executed in Q1 saw minimal retailer pushback.
Tariff Refund Potential and Debt-Free Balance Sheet
Company estimates a potential tariff IEEPA credit of ~$6.2M subject to approval; total debt was $0 at March 31, 2026 and cash and cash equivalents were $29.8M, supporting liquidity and strategic flexibility.
Order Book and Back Half Confidence
Management cited a strong order book for the second half (particularly for Outdoor/apparel) which underpins expectations for year-over-year growth in H2 despite near-term uncertainty.
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 |
|---|---|---|---|
May 07, 2026 | $2.86 | $2.98 | +4.16% |
Mar 05, 2026 | $3.04 | $2.94 | -3.55% |
Nov 06, 2025 | $3.17 | $3.58 | +12.95% |
Jul 31, 2025 | $3.48 | $3.06 | -12.23% |
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 Aug 03, 2026, After Close (Confirmed).
What is Clarus Corporation (CLAR) earnings time?
Clarus Corporation (CLAR) earnings time is at Aug 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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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 (Q2) is -0.14.