MARKET COMPOSITE
CLAR - Clarus Corp8:00:00 PM 5/28/2024
Price
$6.91
+ 0.14 (2.07%)
Clarus Corporation focuses on the outdoor and consumer industries in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. The company develops, manufactures, and distributes outdoor equipment and lifestyle products focusing on the climb, ski, mountain, sport, and skincare markets. It operates in two segments, Black Diamond and Sierra. The Black Diamond segment offers activity-based apparel, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; skincare and other sport-enhancing products; and skis, ski poles, ski skins, and snow safety products, such as avalanche airbag systems, avalanche transceivers, shovels, and probes. This segment offers its products for climbing, mountaineering, trail running, backpacking, skiing, and other outdoor recreation activities under the Black Diamond, PIEPS, and SKINourishment brands. The Sierra segment manufactures bullets and ammunition products for rifles and pistols, which are used for precision target shooting, hunting, and military and law enforcement purposes under the Sierra brand. The company sells its products to mountain, rock, ice, and gym climbers; and winter outdoor enthusiasts, backpackers, competitive shooters, hunters, and outdoor-inspired consumers. It markets and distributes its products through independent specialty stores and specialty chains, sporting goods and outdoor recreation stores, distributors, and original equipment manufacturers; and independent distributors, as well as directly to customers through its websites. The company was formerly known as Black Diamond, Inc. and changed its name to Clarus Corporation in August 2017. Clarus Corporation was incorporated in 1991 and is headquartered in Salt Lake City, Utah.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue69.3MM-
Gross Profit24.9MM-
Cost Of Revenue44.5MM+69%
Operating Income-6.8MM-67%
Operating Expenses31.6MM+22%
Net Income21.9MM-361%
G&A28.2MM+13%
Amortization2.4MM-23%
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Stock news

    SALT LAKE CITY, May 15, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced today that Chief Financial Officer Mike Yates will be participating in the following investor conferences: 24th Annual B. Riley Institutional Investor Conference on Wednesday, May 22, 2024 in Beverly Hills, CA.Stifel Cross Sector Insight Conference on Tuesday, June 4, 2024 in Boston, MA. Company presentation timi

    The board of Clarus Corporation ( NASDAQ:CLAR ) has announced that it will pay a dividend of $0.025 per share on the...

    Investment management company Maran Capital Management recently released its first-quarter 2024 investor letter. A copy of the letter can be downloaded here. Maran Partners Fund returned +3.4% in the first quarter, net of all fees and expenses. The company acknowledges the role of volatility in a sensible, long-term investment strategy and strives to position itself […]

    Clarus Corporation (NASDAQ:CLAR) Q1 2024 Earnings Call Transcript May 4, 2024 Clarus Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, everyone and thank you for participating in today’s conference call to discuss Clarus Corporation’s financial results for […]

    Readers hoping to buy Clarus Corporation ( NASDAQ:CLAR ) for its dividend will need to make their move shortly, as the...

    Clarus ( NASDAQ:CLAR ) First Quarter 2024 Results Key Financial Results Revenue: US$69.3m (down 29% from 1Q 2023). Net...

    Despite Challenges, Company Reaffirms Full-Year Guidance

    Clarus (CLAR) delivered earnings and revenue surprises of 100% and 7.96%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

    Outdoor lifestyle and equipment company Clarus (NASDAQ:CLAR) reported Q1 CY2024 results exceeding Wall Street analysts' expectations, with revenue down 1.4% year on year to $69.31 million. The company expects the full year's revenue to be around $275 million, in line with analysts' estimates. It made a non-GAAP loss of $0 per share, down from its profit of $0.01 per share in the same quarter last year.

    Increased Quarterly Adventure Sales 27% Reduced Apparel Inventory at Outdoor 38% Reaffirms Full Year Guidance SALT LAKE CITY, May 02, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Summary vs. Same Year‐Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as disc