Clarus swings to Q2 FY26 profit of $4.7 million; sales rise 1.6% to $56.2 million
Reuters2026/08/06 21:17Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Clarus posted Q2 2026 net income of USD 4.7 million, or USD 0.12 per diluted share, versus a net loss a year earlier.
- Net sales rose 1.6% to USD 56.2 million from the year-ago quarter; Outdoor climbed 8.5% to USD 39.8 million as Adventure fell 11.9% to USD 16.4 million.
- Gross margin widened to 48.9% from 35.6%, including a USD 6.1 million IEEPA tariff refund benefit recorded in cost of goods sold.
- Adjusted EBITDA swung to a gain of USD 7.6 million from a loss a year earlier, producing a 13.6% margin.
- Clarus kept its 2026 net sales outlook at USD 245 million-USD 255 million, raised adjusted EBITDA to about USD 12 million-USD 13 million, and completed the ONWRD bolt-on acquisition.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clarus Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608061615PRIMZONEFULLFEED9805645) on August 06, 2026, and is solely responsible for the information contained therein.
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