Clarus Corp ( (CLAR) ) has released its Q3 earnings. Here is a breakdown of the information Clarus Corp presented to its investors.
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Clarus Corporation, headquartered in Salt Lake City, Utah, is a global leader in the design and development of equipment and lifestyle products for outdoor enthusiasts, known for its innovative brands like Black Diamond and Rhino-Rack.
In its third-quarter earnings report for 2025, Clarus Corporation announced a 3% increase in sales and a 15% rise in adjusted EBITDA, despite facing a challenging global consumer landscape. The company highlighted significant growth in its Adventure and Outdoor segments, particularly with the revamped Black Diamond apparel line.
Key financial metrics for the quarter included sales of $69.3 million, up from $67.1 million in the same period last year, and a gross margin of 35.1%. The Adventure segment saw a 16% increase in sales, driven by strong performance in the Australian market and contributions from the RockyMounts acquisition. Meanwhile, the Outdoor segment experienced a slight decrease in sales due to timing shifts and the sale of PIEPS, though North American wholesale revenues increased.
Despite a net loss of $1.6 million, Clarus reported an adjusted net income of $1.8 million, maintaining a consistent adjusted earnings per share compared to the previous year. The company also reduced its selling, general, and administrative expenses, contributing to improved adjusted EBITDA margins.
Looking ahead, Clarus Corporation remains focused on unlocking growth opportunities in the Americas and Europe, while continuing to streamline operations and enhance profitability across its segments. The management is optimistic about the potential for long-term value creation as market conditions stabilize.