Recent Updates — CLAR
Clarus Corporation reported second quarter 2026 results with sales of $56.2 million, a 1.6% increase year-over-year, driven by an 8.5% rise in its Outdoor segment to $39.8 million, partially offset by an 11.9% decline in the Adventure segment. Net income was $4.7 million ($0.12 per diluted share), compared to a net loss of $8.4 million in the prior year period. The quarter included a $6.1 million refund related to IEEPA tariffs, which boosted gross margin by approximately 1,090 basis points to 48.9%. Adjusted EBITDA reached $7.6 million with a 13.6% margin, versus an adjusted loss of $(4.4) million previously. The company repurchased 153,331 shares for approximately $0.4 million and completed the acquisition of ONWRD Supply Co. Clarus updated its full-year 2026 adjusted EBITDA guidance to a range of $12 million to $13 million. Clarus Corporation is a global leader in the design and development of equipment and lifestyle products for outdoor enthusiasts.