Clarus (NASDAQ:CLAR) Posts Earnings Results, Beats Expectations By $0.25 EPS

Posted by George Bondi on Aug 7th, 2026

Clarus (NASDAQ:CLAR – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.25, FiscalAI reports. The business had revenue of $56.16 million for the quarter, compared to analyst estimates of $51.54 million. Clarus had a negative return on equity of 0.11% and a negative net margin of 17.70%.

Here are the key takeaways from Clarus’ conference call:

Outdoor delivered strong growth, with revenue up 9.1% and growth across Mountain, Climb, and Apparel. Apparel inline sales rose 22.9%, while clearance sales fell 61%, indicating healthier full-price selling and less discounting.
Clarus raised its 2026 adjusted EBITDA guidance to $12 million-$13 million, from $3 million-$5 million previously, primarily due to a $6.1 million tariff refund and the expected elimination of approximately $2 million in second-half legal expenses. Full-year revenue guidance remains $245 million-$255 million.
Adventure sales fell 11.9% year over year, pressured by weak North American and Australian wholesale demand. Management expects only moderate sales for the remainder of the year, although cost reductions and pricing actions lifted gross margin to 41.5% and reduced the cost base.
The company ended the quarter with no debt, $28.9 million in cash, and generated $0.6 million of free cash flow. It also repurchased approximately $448,000 of stock and has about $42.4 million remaining under its buyback authorization.
Clarus continues to review strategic alternatives with Jefferies, including a potential sale of all or part of the business or other strategic transactions. Management declined to provide further details until additional disclosure is appropriate or required.

Clarus Stock Performance

CLAR traded up $0.50 during trading on Friday, reaching $3.87. The company had a trading volume of 247,257 shares, compared to its average volume of 229,764. Clarus has a 12-month low of $2.53 and a 12-month high of $4.03. The company has a market cap of $148.72 million, a price-to-earnings ratio of -3.31 and a beta of 1.05. The firm’s 50-day simple moving average is $3.17 and its 200 day simple moving average is $3.09.

Clarus Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Monday, August 17th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.10 annualized dividend and a yield of 2.6%. Clarus’s dividend payout ratio is currently -8.62%.

Institutional Trading of Clarus

Several hedge funds and other institutional investors have recently modified their holdings of CLAR. LPL Financial LLC bought a new position in Clarus in the fourth quarter worth $480,000. Two Sigma Investments LP bought a new stake in Clarus during the 3rd quarter worth approximately $221,000. Russell Investments Group Ltd. boosted its stake in Clarus by 4.4% in the third quarter. Russell Investments Group Ltd. now owns 1,398,258 shares of the company’s stock worth $4,894,000 after purchasing an additional 58,821 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Clarus by 344.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 66,498 shares of the company’s stock worth $233,000 after acquiring an additional 51,548 shares during the last quarter. Finally, Jane Street Group LLC increased its position in Clarus by 139.7% in the 4th quarter. Jane Street Group LLC now owns 69,716 shares of the company’s stock valued at $234,000 after acquiring an additional 40,634 shares in the last quarter. 90.30% of the stock is currently owned by hedge funds and other institutional investors.

Clarus News Roundup

Here are the key news stories impacting Clarus this week:

Positive Sentiment: Clarus forecast 2026 adjusted EBITDA of $12 million to $13 million while reviewing strategic alternatives. The review could potentially lead to a sale, partnership, or other transaction that unlocks shareholder value, while the EBITDA outlook provides investors with a clearer profitability target. Clarus forecasts 2026 adjusted EBITDA of $12M-$13M amid strategic alternatives review
Positive Sentiment: Second-quarter adjusted earnings were $0.18 per share, versus analyst expectations for a $0.07 loss, while revenue of $56.16 million exceeded the $51.54 million consensus estimate. The results also improved from a $0.03-per-share loss a year earlier, strengthening the near-term earnings narrative. Clarus Corporation Surpasses Q2 Earnings and Revenue Estimates
Positive Sentiment: The board maintained Clarus’s regular quarterly dividend at $0.025 per share, equivalent to an indicated annual yield of approximately 3.0% based on the reported figures. The continued payout may appeal to income-focused investors. Clarus Announces $0.025 Per Share Quarterly Dividend
Neutral Sentiment: Full-year 2026 revenue guidance of $245 million to $255 million brackets the $249.1 million consensus estimate, suggesting management’s outlook is broadly in line with expectations. Clarus Corporation Q2 2026 Earnings Call Transcript
Negative Sentiment: Third-quarter revenue guidance of $66 million to $68 million is slightly below the $68.2 million analyst consensus at the midpoint, potentially limiting enthusiasm after the strong second-quarter beat. Clarus also remains unprofitable on a trailing basis, with a reported negative net margin. Clarus Reports Second Quarter 2026 Results

Wall Street Analyst Weigh In

A number of analysts have weighed in on CLAR shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Clarus in a report on Wednesday, June 3rd. Roth Capital set a $2.90 price objective on shares of Clarus in a research report on Wednesday, May 13th. Stifel Nicolaus set a $5.00 target price on shares of Clarus in a report on Thursday, April 16th. Wall Street Zen upgraded Clarus from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Finally, Zacks Research lowered Clarus from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $3.63.

View Our Latest Stock Report on Clarus

Clarus Company Profile

(Get Free Report)

Clarus Corporation (NASDAQ: CLAR) is a global designer, manufacturer and marketer of outdoor recreation equipment. The company’s portfolio of brands serves enthusiasts across climbing, skiing, trail running, paddling and snow safety, combining purpose-driven innovation with in-house manufacturing capabilities. Clarus focuses on high-performance gear developed to meet the demands of professional athletes and recreational users alike.

The company’s flagship brand, Black Diamond Equipment, offers climbing protection, apparel, ski bindings and accessories engineered for backcountry and alpine environments.