Clarus Corporation · NASDAQ:CLAR
Clarus — Q3 2026 Earnings Presentation
18 slides from Clarus's earnings presentation, Nov 5, 2026
Slide 1: Q3 Earnings Presentation
Q3 EARNINGS PRESENTATION NOVEMBER 5, 2026
Slide 2: Disclaimer
DISCLAIMER Forward -Looking Statements Please note that in this presentation we may use words such as “appears,” “anticipates,” “believes,” “plans,” “expects,” “intends,” “future,” and similar expressions which constitute forward-looking statements within the meaning of the safe harbor provisions of
Slide 3: Today's Presenters
TODAY’S PRESENTERS Warren Kanders Mike Yates Neil Fiske EXECUTIVE CHAIRMAN CFO PRESIDENT Clarus Clarus Black Diamond Equipment
Slide 4: Strategic Priorities: Q3 Highlights
STRATEGIC PRIORITIES: Q3 HIGHLIGHTS Positioned for long -term Raising FY 2026 guidance as strategic roadmap continues sustainable growth to guide execution Momentum across core categories and regions, while more Black Diamond objective : focused, premium, full -price model drives improved Simplify a
Slide 5: Third Quarter Results at a Glance
THIRD QUARTER RESULTS AT A GLANCE Commitment to operational and organizational progress despite challenging macro backdrop $71.2m $16.5m $54.7 m 41.0% 1 $6.8 m Revenue Adventure Revenue Outdoor Revenue Gross Margin Adj. EBITDA + 2.7% Y/Y - 20.2% Y/Y + 12.4% Y/Y + 590 BPS Y/Y + $5.0m Y/Y Adventure Ou
Slide 6: Outdoor - Strategic Priorities and Highlights
OUTDOOR - STRATEGIC PRIORITIES AND HIGHLIGHTS BUILDING BLOCKS IN FOCUS MANAGEMENT COMMENTARY • Simplification strategy continues to pay off with momentum accelerating SIMPLIFICATION EXECUTION • Revenue, margin, and adj. EBITDA all well ahead of prior year • Big three business unit (Mountain, Climb a
Slide 7: Adventure - Strategic Priorities and Highlights
ADVENTURE - STRATEGIC PRIORITIES AND HIGHLIGHTS BUILDING BLOCKS IN FOCUS MANAGEMENT COMMENTARY • Significant improvements in gross margin and cost discipline enabling greater profitability despite lower sales volumes FOCUS ON BASICS • Excluding $0.5M tariff refund, Q3 adj. EBITDA was in line with PY
Slide 8: Q3 2026 Financial Results
Q3 2026 FINANCIAL RESULTS Q3 2026 Q3 2025 NET SALES $71.2M $6 9.3M GROSS MARGIN 41.0% 35.1% ADJ. EBITDA $6.8M $1.8M ADJ. EBITDA MARGIN 9.6% 2.6% Q3 2026 gross margin, Adj. EBITDA, and Adj. EBITDA margin include a benefit of $0.6M from the recovery of IEEPA tariffs 6 February 2023 PAGE 8
Slide 9: Full Year Guidance
FULL YEAR GUIDANCE 2026 NET SALES $251M - $2 55M ADJ. EBITDA 1 $15M - $17M MID-POINT ADJ. EBITDA % 6.3% ADJ. CORPORATE COSTS $9M CAPEX $6M - $7M FREE CASH FLOWS BREAK EVEN Q4 2026 guidance: Net sales between $62 -$66 million; Adj. EBITDA of ~$3M 6 February 1 2023 The revised consolidated adjusted EB
Slide 10: Appendix
APPENDIX
Slide 11: Balance Sheet
BALANCE SHEET 6 February 2023 PAGE 11
Slide 12: Income Statement (Q3)
INCOME STATEMENT (Q3) 6 February 2023 PAGE 12
Slide 13: Income Statement (YTD)
INCOME STATEMENT (YTD) 6 February 2023 PAGE 13
Slide 14: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION CLARUS CORPORATION RECONCILIATION FROM GROSS PROFIT TO ADJUSTED GROSS PROFIT AND ADJUSTED GROSS MARGIN THREE MONTHS ENDED September 30, 2026 September 30, 2025 Sales $ 71,218 Sales $ 69,347 Gross profit as reported $ 29,190 Gross profit as reported $ 24,366 Plus impact of inv
Slide 15: Non-GAAP Reconciliation (Q3)
NON-GAAP RECONCILIATION (Q3) 6 February 2023 PAGE 15
Slide 16: Non-GAAP Reconciliation (YTD)
NON-GAAP RECONCILIATION (YTD) 6 February 2023 PAGE 16
Slide 17: Non-GAAP Reconciliation (Q3)
NON-GAAP RECONCILIATION (Q3) 6 February 2023 PAGE 17
Slide 18: Non-GAAP Reconciliation (YTD)
NON-GAAP RECONCILIATION (YTD) 6 February 2023 PAGE 18