<p>Clarus Corp（CLAR）已举行其第三季度财报电话会议。以下是会议的主要亮点。</p>
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<p>Clarus Corp 最近的财报电话会议呈现出复杂的情绪，突出了成就与持续挑战。公司展示了财务改善，特别是在户外部门，以及成功的成本削减举措。然而，它仍在应对重大挑战，包括关税、外汇影响和冒险部门的利润压力。尽管有积极的增长迹象，宏观经济环境依然是一个严峻的挑战。</p>
<h2>财务逐步改善</h2>
<p>Clarus Corporation 报告净销售额为 6930 万美元，比去年同期增长 3%。季度调整后的 EBITDA 也增长了 15%。这一增长主要得益于北美批发市场强劲的户外需求以及在澳大利亚新冒险客户的成功。</p>
<h2>Black Diamond 服装成功</h2>
<p>重新设计的 Black Diamond 服装系列经历了 29% 的显著销售增长。常规销售激增 40.5%，而停产商品的销售下降了 24%。服装在第三季度的销售组合中占比 23%，比去年增加了 490 个基点。</p>
<h2>成本削减举措</h2>
<p>Clarus 在减少销售和管理费用（SG&amp;A）方面取得了显著的运营进展，实现了 60 万美元的同比减少。通过重组努力，公司每年减少了 110 万美元的固定成本。</p>
<h2>冒险部门增长</h2>
<p>冒险部门报告的同比增长为 15.9%，与去年第三季度相比，内生增长为 7.4%。强劲的客户管道，包括在澳大利亚的新 Rhino-Rack 客户，是主要的增长动力。</p>
<h2>关税和外汇影响</h2>
<p>户外和冒险部门由于关税成本增加和 2025 年外汇合同的重大损失，面临利润和现金流压力，导致第三季度 EBITDA 影响为 60 万美元。</p>
<h2>冒险部门利润率侵蚀</h2>
<p>冒险部门的毛利率从去年同期的 40.1% 显著下降至 2025 年第三季度的 33.2%。这一下降归因于额外的关税、库存清理和运送给客户的费用。</p>
<h2>D2C 渠道的挑战</h2>
<p>北美和欧洲的数字直接面向消费者（D2C）渠道分别出现了 16.5% 和 16% 的销售额下降。尽管专业销售和折扣有所回落，导致销售减少，但利润率有所改善。</p>
<h2>宏观和消费者逆风</h2>
<p>尽管取得了一些进展，宏观贸易和消费者逆风，以及严峻的宏观环境，仍然导致不确定性和干扰，影响近期财务结果。</p>
<h2>前瞻性指导</h2>
<p>展望未来，Clarus Corporation 对消费者情绪和宏观经济状况保持谨慎。公司继续专注于提高利润率和确保可持续增长。预计关税将在 2025 年产生 320 万美元的未恢复 EBITDA 影响，外汇合同损失在第三季度将贡献 60 万美元的 EBITDA 影响。尽管面临这些挑战，Clarus 仍致力于专注于高利润产品和运营效率。</p>
<p>总之，Clarus Corp 的财报电话会议突出了财务改善和成本削减方面的显著成就，同时也面临着关税和外汇影响等重大挑战，但在严峻的宏观经济环境中仍然专注于增长和运营改善。</p>

CLAR

<p>Clarus Corp 第三季度的财报电话会议显示出混合的结果，净销售额增长了 3%，达到 6930 万美元，调整后的息税折旧摊销前利润（EBITDA）增长了 15%。户外部门的财务状况有所改善，而冒险部门则面临关税和外汇影响的挑战，导致毛利率显著下降。经过改版的 Black Diamond 服装系列销售增长了 29%。尽管运营成本有所降低，但宏观经济逆风和消费者情绪仍然是令人担忧的问题。展望未来，Clarus 对未来的表现持谨慎态度，但仍专注于高毛利产品和运营效率</p>

<p>Clarus Corp ((CLAR)) has held its Q3 earnings call. Read on for the main highlights of the call.</p>
<div class="lb-trans"><p>Clarus Corp（CLAR）已举行其第三季度财报电话会议。以下是会议的主要亮点。</p>
</div><h3>Meet Your ETF AI Analyst</h3>
<div class="lb-trans"><h3>认识您的 ETF AI 分析师</h3>
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<li>Explore ETFs TipRanks' users love and see what insights the <strong><em>ETF</em> AI Analyst</strong> reveals about the ones you follow.</li>
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<div class="lb-trans"><ul>
<li>了解 TipRanks 的_ETF_ AI 分析师如何帮助您做出更明智的投资决策</li>
<li>探索 TipRanks 用户喜爱的 ETF，并查看 <strong><em>ETF</em> AI 分析师</strong> 对您关注的 ETF 所揭示的见解。</li>
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</div><p>Clarus Corp’s recent earnings call presented a mixed sentiment, highlighting both achievements and ongoing challenges. The company showcased financial improvements, particularly in its Outdoor segment, and successful cost reduction initiatives. However, it continues to grapple with significant challenges, including tariffs, foreign exchange impacts, and margin pressures in its Adventure segment. Despite positive growth signs, the macroeconomic environment remains a formidable challenge.</p>
<div class="lb-trans"><p>Clarus Corp 最近的财报电话会议呈现出复杂的情绪，突出了成就与持续挑战。公司展示了财务改善，特别是在户外部门，以及成功的成本削减举措。然而，它仍在应对重大挑战，包括关税、外汇影响和冒险部门的利润压力。尽管有积极的增长迹象，宏观经济环境依然是一个严峻的挑战。</p>
</div><h2>Incremental Financial Improvement</h2>
<div class="lb-trans"><h2>财务逐步改善</h2>
</div><p>Clarus Corporation reported net sales of $69.3 million, marking a 3% increase over the same period last year. The quarterly adjusted EBITDA also saw a 15% rise. This growth was primarily driven by strong outdoor demand in the North American wholesale market and success with new adventure customers in Australia.</p>
<div class="lb-trans"><p>Clarus Corporation 报告净销售额为 6930 万美元，比去年同期增长 3%。季度调整后的 EBITDA 也增长了 15%。这一增长主要得益于北美批发市场强劲的户外需求以及在澳大利亚新冒险客户的成功。</p>
</div><h2>Black Diamond Apparel Success</h2>
<div class="lb-trans"><h2>Black Diamond 服装成功</h2>
</div><p>The revamped Black Diamond apparel line experienced remarkable sales growth of 29%. In-line sales surged by 40.5%, while sales of discontinued merchandise fell by 24%. Apparel now represents 23% of the sales mix in Q3, an increase of 490 basis points from a year ago.</p>
<div class="lb-trans"><p>重新设计的 Black Diamond 服装系列经历了 29% 的显著销售增长。常规销售激增 40.5%，而停产商品的销售下降了 24%。服装在第三季度的销售组合中占比 23%，比去年增加了 490 个基点。</p>
</div><h2>Cost Reduction Initiatives</h2>
<div class="lb-trans"><h2>成本削减举措</h2>
</div><p>Clarus made significant operational progress in reducing SG&amp;A expenses, achieving a $600,000 year-over-year decrease. Through reorganization efforts, the company removed $1.1 million of fixed costs on an annualized basis.</p>
<div class="lb-trans"><p>Clarus 在减少销售和管理费用（SG&amp;A）方面取得了显著的运营进展，实现了 60 万美元的同比减少。通过重组努力，公司每年减少了 110 万美元的固定成本。</p>
</div><h2>Adventure Segment Growth</h2>
<div class="lb-trans"><h2>冒险部门增长</h2>
</div><p>The Adventure segment reported a 15.9% year-over-year growth compared to the third quarter of last year, with organic growth at 7.4%. A strong pipeline, including a new Rhino-Rack customer in Australia, was a major growth driver.</p>
<div class="lb-trans"><p>冒险部门报告的同比增长为 15.9%，与去年第三季度相比，内生增长为 7.4%。强劲的客户管道，包括在澳大利亚的新 Rhino-Rack 客户，是主要的增长动力。</p>
</div><h2>Tariff and FX Impacts</h2>
<div class="lb-trans"><h2>关税和外汇影响</h2>
</div><p>The Outdoor and Adventure segments faced margin and cash flow pressures due to increased tariff costs and significant losses on FX contracts in 2025, resulting in a $600,000 EBITDA impact in Q3.</p>
<div class="lb-trans"><p>户外和冒险部门由于关税成本增加和 2025 年外汇合同的重大损失，面临利润和现金流压力，导致第三季度 EBITDA 影响为 60 万美元。</p>
</div><h2>Adventure Segment Margin Erosion</h2>
<div class="lb-trans"><h2>冒险部门利润率侵蚀</h2>
</div><p>The Adventure segment’s gross margin decreased significantly from 40.1% in the prior year to 33.2% in 2025 Q3. This decline was attributed to additional tariffs, inventory clearouts, and the cost of freight to customers.</p>
<div class="lb-trans"><p>冒险部门的毛利率从去年同期的 40.1% 显著下降至 2025 年第三季度的 33.2%。这一下降归因于额外的关税、库存清理和运送给客户的费用。</p>
</div><h2>Challenges in D2C Channels</h2>
<div class="lb-trans"><h2>D2C 渠道的挑战</h2>
</div><p>The digital direct-to-consumer (D2C) channels in North America and Europe saw declines of 16.5% and 16% in dollars, respectively. Despite a pullback on pro sales and discounting, which led to decreased sales, margins improved.</p>
<div class="lb-trans"><p>北美和欧洲的数字直接面向消费者（D2C）渠道分别出现了 16.5% 和 16% 的销售额下降。尽管专业销售和折扣有所回落，导致销售减少，但利润率有所改善。</p>
</div><h2>Macro and Consumer Headwinds</h2>
<div class="lb-trans"><h2>宏观和消费者逆风</h2>
</div><p>Despite some progress, macro trade and consumer headwinds, along with a challenging macro environment, continue to cause uncertainty and disruption, impacting near-term financial results.</p>
<div class="lb-trans"><p>尽管取得了一些进展，宏观贸易和消费者逆风，以及严峻的宏观环境，仍然导致不确定性和干扰，影响近期财务结果。</p>
</div><h2>Forward-Looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指导</h2>
</div><p>Looking ahead, Clarus Corporation remains cautious about consumer sentiment and macroeconomic conditions. The company continues to focus on enhancing margins and ensuring sustainable growth. Tariffs are expected to have an unrecovered EBITDA impact of $3.2 million in 2025, with FX contract losses contributing a $600,000 EBITDA impact in Q3. Despite these challenges, Clarus is committed to maintaining its focus on high-margin products and operational efficiency.</p>
<div class="lb-trans"><p>展望未来，Clarus Corporation 对消费者情绪和宏观经济状况保持谨慎。公司继续专注于提高利润率和确保可持续增长。预计关税将在 2025 年产生 320 万美元的未恢复 EBITDA 影响，外汇合同损失在第三季度将贡献 60 万美元的 EBITDA 影响。尽管面临这些挑战，Clarus 仍致力于专注于高利润产品和运营效率。</p>
</div><p>In summary, Clarus Corp’s earnings call highlighted a mixed performance with notable achievements in financial improvement and cost reduction. The company faces significant challenges, particularly in tariffs and FX impacts, but remains focused on growth and operational improvements amidst a challenging macroeconomic environment.</p>
<div class="lb-trans"><p>总之，Clarus Corp 的财报电话会议突出了财务改善和成本削减方面的显著成就，同时也面临着关税和外汇影响等重大挑战，但在严峻的宏观经济环境中仍然专注于增长和运营改善。</p>
</div>

Clarus Corp 的财报电话会议：在挑战中取得了喜忧参半的业绩