Clarus Q4 sales miss estimates

Clarus

05/03/2026 21:33

Overview

Outdoor equipment firm's Q4 sales declined, missing analyst expectations

Adjusted EBITDA for Q4 missed analyst expectations

Company's apparel sales in Outdoor segment grew 10% in Q4

Outlook

Clarus expects 2026 sales between $255 mln and $265 mln

Adjusted EBITDA for 2026 projected between $9 mln and $11 mln

Capital expenditures for 2026 expected between $6 mln and $7 mln

Result Drivers

APPAREL SALES - Apparel sales in the Outdoor segment increased by 10% in Q4

INVENTORY RESERVES - Higher inventory reserves in Adventure segment impacted gross margin

Company press release: ID:nGNXnYbPn

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
$65.4 mln
$68.67 mln (5 Analysts)
Q4 EPS
-$0.81
Q4 Net Income
-$31.3 mln
Q4 Adjusted EBITDA
Miss
$1.2 mln
$4.28 mln (5 Analysts)
Q4 Gross Margin
27.7%
Q4 Adjusted EBITDA Margin
1.8%


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 18.3% above its March 4 closing price of $3.17

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 21 three months ago

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