Clarus Q3 sales beat estimates

Clarus

06/11/2025 21:28

Overview

Clarus Q3 sales rose 3% to $69.3 mln, beating analyst expectations

Adjusted EBITDA for Q3 was $2.8 mln, exceeding analyst estimates

Company reported a net loss of $1.6 mln, improved from prior year

Outlook

Clarus focuses on unlocking value in Outdoor and Adventure segments

Company aims to enhance profitability and long-term value creation

Clarus targets growth opportunities in Americas and Europe

Result Drivers

ADVENTURE SEGMENT - Sales increased 16%, supported by strong wholesale market in Australia and RockyMounts acquisition

OUTDOOR SEGMENT - Black Diamond apparel sales rose 29%, offsetting some declines in other areas

GROSS MARGIN - Slight improvement due to higher Adventure volumes and favorable Outdoor product mix

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$69.3 mln
$66.50 mln (5 Analysts)
Q3 EPS
-$0.04
Q3 Net Income
-$1.60 mln
Q3 Adjusted EBITDA
Beat
$2.80 mln
$2.70 mln (5 Analysts)
Q3 Gross Margin
35.10%
Q3 Adjusted EBITDA Margin
4.00%
Q3 Capex
$1.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the recreational products peer group is "buy"

Wall Street's median 12-month price target for Clarus Corp is $3.75, about 8.5% above its November 5 closing price of $3.43

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNX9nn8q3

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)