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.)
Comments