Clarus Corp (CLAR) Form 8-K — Aug 6, 2026
Clarus Corporation reported second quarter 2026 sales of $56.2 million, up 1.6% year over year, and swung to net income of $4.7 million ($0.12 per diluted share) from a net loss of $8.4 million ($(0.22) per diluted share) a year ago. Adjusted EBITDA was $7.6 million at a 13.6% margin versus a $(4.4) million loss in the prior-year quarter. Results included approximately $6.1 million of IEEPA tariff refunds recorded as an offset to cost of goods sold, lifting gross margin roughly 1,090 basis points to 48.9% from 35.6%. Outdoor segment sales grew 8.5% to $39.8 million while Adventure segment sales fell 11.9% to $16.4 million on weak wholesale markets in Australia and North America.
Key figures
- Eps
- 0.12
- Revenue
- $56.2 million (Q2 2026)
- Guidance
- FY2026 sales $245M-$255M; adjusted EBITDA ~$12M-$13M (~5.0% margin at midpoint); capex $6M-$7M; free cash flow ~$6M; Q3 2026 sales $66M-$68M with ~$3M adjusted EBITDA
- Net Income
- $4.7 million (8.4% net margin; prior-year quarter: $(8.4) million loss)
- Total Debt
- $0 — balance sheet debt free
- Revenue Yoy
- +1.6%
- Total Assets
- $254.8 million
- Cash Position
- $28.9 million (vs $36.7 million at Dec 31, 2025)
- Shares Outstanding
- 38,288 thousand outstanding (43,104 thousand issued)
- Capex q2
- $1.1 million
- H1 2026 sales
- $118.1 million (vs $115.7 million prior year)
- Repurchase price
- $2.92 per share (~$0.4 million total)
- Free cash flow q2
- $0.6 million vs $(11.3) million outflow prior year
- Adjusted ebitda q2
- $7.6 million (13.6% margin) vs $(4.4) million ((8.0)% margin) prior year
- Ieepa tariff refund
- $6.1 million, ~1,090 bps of gross margin benefit
- Stockholders equity
- $198.1 million
- Gross margin q2 2026
- 48.9% vs 35.6% prior year (+1,330 bps)
- Cpsc doj legal matter
- resolved; $2.0 million of legal expenses no longer expected in 2H2026 per guidance footnote
- Outdoor segment sales
- $39.8 million, +8.5% y/y
- Shares repurchased q2
- 153331
- Adjusted net income q2
- $6.8 million ($0.18 per diluted share) vs $(3.1) million ($(0.08)) prior year
- Operating cash flow q2
- $1.7 million vs $(9.4) million prior year
- Adventure segment sales
- $16.4 million, -11.9% y/y
- Outdoor gross margin ex refund
- 36.6%, +160 bps y/y
- Remaining buyback authorization
- $42.4 million of $50 million program
Price after filing
Close on the filing date to close N calendar days later (from $3.35). Historical, not a forecast.
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