Clarus Reports Q3 2026 Earnings Growth Driven by Outdoor Segment
Clarus reported third-quarter 2026 consolidated sales of $71.2 million, a 2.7% increase year-over-year. The growth was primarily fueled by the Outdoor segment, which saw revenue rise 12.4% to $54.7 million across wholesale and direct-to-consumer channels. This performance helped swing the company from a net loss in the prior year quarter to a net income of $3.3 million ($0.09 per diluted share). Despite strong Outdoor results, the Adventure segment faced headwinds, with revenue declining 20.2% due to a difficult consumer environment and unfavorable wholesale markets in Australia. However, improved gross margins—reaching 41.0%—and tariff recoveries helped bolster the bottom line. Based on these results, Clarus raised its full-year revenue guidance to a range of $251 million to $255 million.
Tickers: $CLAR
Topics: gross margin expansion guidance raise revenue growth segment performance