Every material Form 8-K Clarus Corp has filed with the SEC since May 07, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Clarus reported third-quarter 2026 sales of $71.2 million, up 2.7% from $69.3 million a year earlier, and net income of $3.3 million ($0.09 per diluted share) versus a net loss of $1.6 million. The company raised its fiscal 2026 sales outlook to $251 million to $255 million and its adjusted EBITDA outlook to about $15 million to $17 million, while cash fell to $20.8 million and the strategic review of alternatives, including a possible sale of the business, continues with no set timetable.
Q3 2026 net income was $3.3 million, or $0.09 per diluted share, compared with a net loss of $1.6 million, or $(0.04), in Q3 2025.
Q3 2026 adjusted EBITDA was $6.8 million (9.6% margin), compared with $1.8 million (2.6% margin) a year earlier; the filing notes a benefit of about $0.6 million from IEEPA tariff refunds.
Full-year 2026 sales outlook is $251 million to $255 million, up from the prior $245 million to $255 million; free cash flow is now expected to be break even, versus a prior outlook of $6 million.
Cash and cash equivalents were $20.8 million at September 30, 2026, down from $36.7 million at December 31, 2025; the company reports no debt.
Clarus reported second-quarter 2026 sales of $56.2 million, up 1.6%, and net income of $4.7 million, or $0.12 per diluted share, compared with a net loss of $8.4 million, or $(0.22) per diluted share, a year earlier. The quarter includes a $6.1 million refund of IEEPA tariffs, and the company said its strategic review of alternatives, which includes a possible sale of all or part of the business, has no deadline or definitive timetable. The company now expects fiscal 2026 adjusted EBITDA of $12 million to $13 million.
Sales were $56.2 million versus $55.2 million; Outdoor rose 8.5% to $39.8 million and Adventure fell 11.9% to $16.4 million.
Gross margin was 48.9% versus 35.6%, including a benefit of approximately 1,090 basis points from the $6.1 million IEEPA tariff refund.
Adjusted EBITDA was $7.6 million, a 13.6% margin, versus an adjusted EBITDA loss of $(4.4) million a year earlier.
For 2026, sales guidance of $245 million to $255 million was maintained; third-quarter sales are expected at $66 million to $68 million.
Clarus reported first quarter 2026 sales of $61.9 million, up 2.5%, and a net loss of $3.3 million, narrower than the $5.2 million loss a year earlier. The company also lowered its fiscal 2026 sales and adjusted EBITDA outlook and said its Board has started a review of strategic alternatives, including a possible sale of all or part of the business. The guidance cut and the review add uncertainty for shareholders, while the company reported no debt at March 31, 2026.
Q1 2026 sales were $61.9 million, up from $60.4 million; net loss narrowed to $3.3 million ($0.09 per diluted share) from $5.2 million ($0.14).
FY2026 sales outlook lowered to $245 million to $255 million from $255 million to $265 million; adjusted EBITDA outlook lowered to about $3 million to $5 million from $9 million to $11 million.
Board initiated a review of strategic alternatives with no deadline; Jefferies LLC retained as financial advisor.
Cash totaled $29.8 million at March 31, 2026, compared with $36.7 million at December 31, 2025; the company reported no debt at either date.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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