Tariff Refund Drives Clarus to Q2 Profit; Full-Year EBITDA Outlook Raised
CLAR sits 41% above its 52-week low of $2.525.
Summary
Clarus posted Q2 2026 net income of $4.7M, reversing a year-ago loss, helped by a $6.1M tariff refund. Full-year adjusted EBITDA guidance was raised to $12–$13M, and the company continues to evaluate strategic alternatives.
Updates
· SEC 10-Q — The 10-Q shows Q2 net income of $4.7M, diluted EPS of $0.12, and total sales of $56.2M, with gross margin at 48.9%.
Key Events · Earnings and Guidance · CLAR
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Q2 Profit Swing
Driven by a $6.1M IEEPA tariff refund and improved gross margin, net income reached $4.7M ($0.12 diluted EPS), a sharp reversal from the year-ago net loss of $8.4M.
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Raised EBITDA Guidance
Full-year 2026 adjusted EBITDA is now expected at $12–$13M, up from the prior implied ~$10M, with Q3 adjusted EBITDA guided to ~$3M on sales of $66–$68M.
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Tariff Refund Windfall
A $6.1M refund of previously paid IEEPA tariffs boosted Q2 gross margin by roughly 1,090 bps to 48.9%.
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Share Buybacks Continue
During Q2, 153,331 shares were repurchased for ~$0.4M ($2.92/share); $42.4M remains under the $50M authorization.
Analysis · CLAR · Manufacturing
A $6.1 million tariff refund and underlying margin gains fueled a sharp Q2 2026 turnaround, with net income reaching $4.7 million compared to a year-ago loss. Confidence in the outdoor segment's recovery is reflected in the raised full-year adjusted EBITDA guidance of $12–$13 million and newly issued Q3 targets. The debt-free balance sheet and ongoing share buybacks provide additional support, while the strategic review keeps a potential sale or breakup on the table.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CLAR was trading at $3.56 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $129.5M. The 52-week trading range was $2.53 to $4.03. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.