Clarus Corp (NASDAQ:CLAR) reported mixed results for the fourth quarter on Thursday.

The company posted quarterly earnings of 9 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $65.413 million which missed the analyst consensus estimate of $68.672 million.

“We took decisive actions in 2025 to sharpen our focus and position Clarus for category-specific growth and greater profitability,” said Warren Kanders, Executive Chairman. “We advanced our strategic roadmap throughout the year by refining our organizational structure, optimizing our product portfolio, and strengthening our go-to-market approach.   In the Outdoor segment, we achieved consecutive quarters of improved performance driven by prioritizing Black Diamond’s highest-performing and most profitable styles, positioning the business for sustained profitability and operating margin expansion. Apparel continued to be a key growth driver, delivering another quarter of double-digit sales growth in Q4.   In the Adventure segment, despite experiencing lower OEM demand and customer transitions, we took steps to enhance our leadership position in Australia. We saw new customer wins and sell-in in Australia and Europe, which we believe will lay the groundwork for improved performance going forward.”

Clarus shares fell 4.2% to trade at $2.97 on Friday.

These analysts made changes to their price targets on Clarus following earnings announcement.

• Stifel analyst Peter McGoldrick maintained Clarus with a Buy and lowered the price target from $7 to $6.
• Roth Capital analyst Matt Koranda maintained the stock with a Neutral and cut the price target from $3.5 to $3.25.

Considering buying CLAR stock? Here’s what analysts think:

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