Consumer Cyclical -
Leisure - NASDAQ - US
$ 4.95
-1 %
$ 190 M
Market Cap
-8.53
P/E
1. INTRINSIC VALUE
Balance Sheet
Clarus Corporation
| Current Assets | 300 M |
| Cash & Short-Term Investments | 11.3 M |
| Receivables | 54.9 M |
| Other Current Assets | 234 M |
| Non-Current Assets | 196 M |
| Long-Term Investments | 0 |
| PP&E | 16.6 M |
| Other Non-Current Assets | 179 M |
| Current Liabilities | 171 M |
| Accounts Payable | 20 M |
| Short-Term Debt | 123 M |
| Other Current Liabilities | 28 M |
| Non-Current Liabilities | 32.3 M |
| Long-Term Debt | 13 M |
| Other Non-Current Liabilities | 19.3 M |
EFFICIENCY
Earnings Waterfall
Clarus Corporation
| Revenue | 286 M |
| Cost Of Revenue | 189 M |
| Gross Profit | 97.5 M |
| Operating Expenses | 119 M |
| Operating Income | -21.1 M |
| Other Expenses | -11 M |
| Net Income | -10.1 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Clarus Corporation
| Net Income | -10.1 M |
| Depreciation & Amortization | 20.4 M |
| Capital Expenditures | -5.97 M |
| Stock-Based Compensation | 5.29 M |
| Change in Working Capital | 19.6 M |
| Others | 8.43 M |
| Free Cash Flow | 26 M |
Wall Street Analysts Price Targets
Clarus Corporation
CLAR has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.56%
DIVIDEND YIELD
0.025 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Clarus Corporation
Sold
0-3 MONTHS
313 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
442 K USD 1
0-3 MONTHS
1.37 M USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 months ago
Nov 15, 2024
|
Sell 82.4 K
USD
|
HENNING MICHAEL A
Director
|
- 18309
|
4.4987 USD |
|
2 months ago
Nov 13, 2024
|
Sell 199 K
USD
|
HENNING MICHAEL A
Director
|
- 44600
|
4.4595 USD |
|
2 months ago
Nov 14, 2024
|
Sell 31.4 K
USD
|
HENNING MICHAEL A
Director
|
- 7091
|
4.4244 USD |
|
2 months ago
Nov 13, 2024
|
Bought
224 K USD
|
SOKOLOW NICOLAS
Director
|
+ 50000
|
4.48 USD |
|
2 months ago
Nov 12, 2024
|
Bought
218 K USD
|
SOKOLOW NICOLAS
Director
|
+ 50000
|
4.37 USD |
|
4 months ago
Sep 11, 2024
|
Bought
79.2 K USD
|
KANDERS WARREN B
Executive Chairman
|
+ 18400
|
4.307 USD |
|
4 months ago
Sep 10, 2024
|
Bought
200 K USD
|
KANDERS WARREN B
Executive Chairman
|
+ 50000
|
3.9999 USD |
|
4 months ago
Sep 09, 2024
|
Bought
121 K USD
|
KANDERS WARREN B
Executive Chairman
|
+ 30000
|
4.0453 USD |
|
4 months ago
Sep 06, 2024
|
Bought
839 K USD
|
KANDERS WARREN B
Executive Chairman
|
+ 200000
|
4.1934 USD |
|
5 months ago
Aug 06, 2024
|
Bought
129 K USD
|
SOKOLOW NICOLAS
Director
|
+ 26500
|
4.88 USD |
|
1 year ago
May 23, 2023
|
Bought
70.4 K USD
|
SOKOLOW NICOLAS
Director
|
+ 8000
|
8.8 USD |
|
1 year ago
May 22, 2023
|
Bought
61.7 K USD
|
SOKOLOW NICOLAS
Director
|
+ 7000
|
8.8125 USD |
|
1 year ago
May 23, 2023
|
Bought
26.4 K USD
|
SOKOLOW NICOLAS
Director
|
+ 3000
|
8.8 USD |
|
1 year ago
May 22, 2023
|
Bought
44.1 K USD
|
SOKOLOW NICOLAS
Director
|
+ 5000
|
8.8257 USD |
|
2 years ago
Sep 23, 2022
|
Bought
50 K USD
|
KUEHNE AARON
EXECUTIVE VP and COO
|
+ 4092
|
12.2094 USD |
|
2 years ago
Aug 23, 2022
|
Sell 282 K
USD
|
HOUSE DONALD
director:
|
- 10000
|
28.2394 USD |
|
2 years ago
Aug 17, 2022
|
Sell 428 K
USD
|
SOKOLOW NICOLAS
director:
|
- 15000
|
28.5284 USD |
|
2 years ago
Aug 17, 2022
|
Sell 431 K
USD
|
SOKOLOW NICOLAS
Director
|
- 15042
|
28.629 USD |
|
2 years ago
Aug 17, 2022
|
Sell 863 K
USD
|
SOKOLOW NICOLAS
Director
|
- 30000
|
28.777 USD |
|
2 years ago
Aug 16, 2022
|
Sell 1.14 M
USD
|
HENNING MICHAEL A
Director
|
- 40000
|
28.6176 USD |
|
2 years ago
Aug 17, 2022
|
Sell 362 K
USD
|
HENNING MICHAEL A
Director
|
- 12500
|
28.941 USD |
|
2 years ago
Aug 16, 2022
|
Sell 352 K
USD
|
HENNING MICHAEL A
director:
|
- 12500
|
28.1839 USD |
|
2 years ago
May 31, 2022
|
Sell 550 K
USD
|
KANDERS WARREN B
Executive Chairman
|
- 25000
|
22.01 USD |
|
2 years ago
May 25, 2022
|
Sell 4.2 M
USD
|
KANDERS WARREN B
Executive Chairman
|
- 200000
|
21.01 USD |
|
2 years ago
May 26, 2022
|
Sell 3.24 M
USD
|
KANDERS WARREN B
Executive Chairman
|
- 150000
|
21.61 USD |
|
2 years ago
May 25, 2022
|
Sell 2.78 M
USD
|
KANDERS WARREN B
Executive Chairman
|
- 125000
|
22.27 USD |
|
2 years ago
Mar 21, 2022
|
Sell 239 K
USD
|
HOUSE DONALD
director:
|
- 10000
|
23.9042 USD |
|
2 years ago
Mar 17, 2022
|
Sell 242 K
USD
|
SOKOLOW NICOLAS
director:
|
- 10000
|
24.2091 USD |
|
2 years ago
Mar 11, 2022
|
Sell 57.7 K
USD
|
SOKOLOW NICOLAS
director:
|
- 2500
|
23.08 USD |
|
2 years ago
Mar 14, 2022
|
Sell 58.8 K
USD
|
SOKOLOW NICOLAS
Director
|
- 2500
|
23.5 USD |
|
2 years ago
Mar 11, 2022
|
Sell 1.8 M
USD
|
KANDERS WARREN B
Executive Chairman
|
- 77352
|
23.283 USD |
|
3 years ago
Dec 16, 2021
|
Sell 277 K
USD
|
HOUSE DONALD
Director
|
- 10000
|
27.6521 USD |
|
3 years ago
Jun 21, 2021
|
Sell 117 K
USD
|
SOKOLOW NICOLAS
Director
|
- 4809
|
24.23 USD |
|
3 years ago
Jun 16, 2021
|
Sell 238 K
USD
|
SOKOLOW NICOLAS
Director
|
- 10000
|
23.8 USD |
|
3 years ago
Jun 16, 2021
|
Sell 5.04 K
USD
|
SOKOLOW NICOLAS
Director
|
- 207
|
24.37 USD |
|
3 years ago
Jun 17, 2021
|
Sell 115 K
USD
|
SOKOLOW NICOLAS
Director
|
- 5000
|
23 USD |
|
3 years ago
Jun 18, 2021
|
Sell 34.9 K
USD
|
SOKOLOW NICOLAS
Director
|
- 1500
|
23.24 USD |
|
3 years ago
Jun 18, 2021
|
Sell 69.3 K
USD
|
SOKOLOW NICOLAS
Director
|
- 2981
|
23.26 USD |
|
3 years ago
Jun 18, 2021
|
Sell 9.28 K
USD
|
SOKOLOW NICOLAS
Director
|
- 400
|
23.2 USD |
|
3 years ago
Jun 14, 2021
|
Sell 126 K
USD
|
SOKOLOW NICOLAS
Director
|
- 5020
|
25.1 USD |
|
3 years ago
Mar 18, 2021
|
Sell 440 K
USD
|
KANDERS WARREN B
Executive Chairman
|
- 25000
|
17.62 USD |
|
3 years ago
Mar 19, 2021
|
Sell 488 K
USD
|
KANDERS WARREN B
Executive Chairman
|
- 28126
|
17.34 USD |
|
3 years ago
Mar 22, 2021
|
Sell 1.01 M
USD
|
KANDERS WARREN B
Executive Chairman
|
- 60000
|
16.78 USD |
|
3 years ago
Mar 11, 2021
|
Sell 634 K
USD
|
KANDERS WARREN B
Executive Chairman
|
- 35110
|
18.05 USD |
|
3 years ago
Mar 12, 2021
|
Sell 266 K
USD
|
KANDERS WARREN B
Executive Chairman
|
- 14890
|
17.88 USD |
|
3 years ago
Mar 12, 2021
|
Sell 138 K
USD
|
KANDERS WARREN B
Executive Chairman
|
- 7668
|
18.01 USD |
|
3 years ago
Mar 15, 2021
|
Sell 458 K
USD
|
KANDERS WARREN B
Executive Chairman
|
- 25654
|
17.87 USD |
|
4 years ago
Nov 30, 2020
|
Sell 110 K
USD
|
HOUSE DONALD
Director
|
- 7612
|
14.4011 USD |
|
4 years ago
Aug 14, 2020
|
Sell 198 K
USD
|
HOUSE DONALD
Director
|
- 15000
|
13.1865 USD |
|
6 years ago
Jan 29, 2019
|
Sell 9.2 M
USD
|
KANDERS WARREN B
Executive Chairman
|
- 850000
|
10.825 USD |
|
6 years ago
Jan 30, 2019
|
Sell 5.95 M
USD
|
KANDERS WARREN B
Executive Chairman
|
- 550000
|
10.827 USD |
|
7 years ago
Nov 13, 2017
|
Bought
36.9 K USD
|
SOKOLOW NICOLAS
Director
|
+ 5076
|
7.26 USD |
|
7 years ago
Nov 10, 2017
|
Bought
42.7 K USD
|
KUEHNE AARON
Chief Admin Officer and CFO
|
+ 5923
|
7.21 USD |
|
7 years ago
Aug 25, 2017
|
Bought
178 K USD
|
SOKOLOW NICOLAS
Director
|
+ 25000
|
7.1 USD |
|
7 years ago
Aug 24, 2017
|
Bought
93.5 K USD
|
SOKOLOW NICOLAS
Director
|
+ 14625
|
6.39 USD |
|
7 years ago
Aug 23, 2017
|
Bought
31.9 K USD
|
SOKOLOW NICOLAS
Director
|
+ 5000
|
6.38 USD |
|
7 years ago
Aug 22, 2017
|
Bought
32.4 K USD
|
SOKOLOW NICOLAS
Director
|
+ 5000
|
6.47 USD |
|
7 years ago
Aug 22, 2017
|
Bought
69.3 K USD
|
SOKOLOW NICOLAS
Director
|
+ 10800
|
6.42 USD |
|
9 years ago
Nov 20, 2015
|
Bought
18.3 K USD
|
KUEHNE AARON
CHIEF FINANCIAL OFFICER
|
+ 4000
|
4.58 USD |
|
9 years ago
Nov 20, 2015
|
Bought
5.43 K USD
|
KUEHNE AARON
CHIEF FINANCIAL OFFICER
|
+ 1186
|
4.58 USD |
|
9 years ago
Nov 16, 2015
|
Bought
81.8 K USD
|
SOKOLOW NICOLAS
Director
|
+ 20000
|
4.09 USD |
|
10 years ago
Aug 14, 2014
|
Bought
20 K USD
|
KUEHNE AARON
CHIEF FINANCIAL OFFICER
|
+ 2525
|
7.93 USD |
|
12 years ago
Feb 12, 2012
|
Bought
5 M USD
|
KANDERS WARREN B
EXECUTIVE CHAIRMAN
|
+ 666667
|
7.5 USD |
|
12 years ago
Feb 22, 2012
|
Bought
500 K USD
|
SOKOLOW NICOLAS
Director
|
+ 66667
|
7.5 USD |
|
12 years ago
Feb 22, 2012
|
Bought
300 K USD
|
SCHILLER ROBERT
EXECUTIVE VICE CHAIRMAN
|
+ 40000
|
7.5 USD |
|
12 years ago
Feb 22, 2012
|
Bought
1.81 M USD
|
SCHILLER ROBERT
EXECUTIVE VICE CHAIRMAN
|
+ 240801
|
7.5 USD |
|
12 years ago
Feb 22, 2012
|
Bought
300 K USD
|
SCHILLER ROBERT
EXECUTIVE VICE CHAIRMAN
|
+ 40000
|
7.5 USD |
|
12 years ago
Feb 22, 2012
|
Bought
130 K USD
|
SCHILLER ROBERT
EXECUTIVE VICE CHAIRMAN
|
+ 17332
|
7.5 USD |
|
12 years ago
Feb 22, 2012
|
Bought
100 K USD
|
METCALF PETER R.
CEO AND PRESIDENT
|
+ 13333
|
7.5 USD |
|
12 years ago
Feb 22, 2012
|
Bought
1.5 M USD
|
Duff Philip N
Director
|
+ 200000
|
7.5 USD |
|
14 years ago
Aug 20, 2010
|
Bought
126 K USD
|
SOKOLOW NICOLAS
Director
|
+ 20000
|
6.31 USD |
|
14 years ago
Aug 16, 2010
|
Bought
18.3 K USD
|
SOKOLOW NICOLAS
Director
|
+ 2900
|
6.3 USD |
|
14 years ago
Aug 13, 2010
|
Bought
63 K USD
|
HENNING MICHAEL A
Director
|
+ 10000
|
6.3 USD |
|
14 years ago
Jul 16, 2010
|
Bought
516 K USD
|
SOKOLOW NICOLAS
Director
|
+ 81250
|
6.35 USD |
|
14 years ago
Jul 16, 2010
|
Sell 516 K
USD
|
SOKOLOW NICOLAS
Director
|
- 81250
|
6.35 USD |
|
16 years ago
Dec 30, 2008
|
Bought
1.12 M USD
|
KANDERS WARREN B
Executive Chairman
|
+ 300000
|
3.75 USD |
|
16 years ago
Nov 26, 2008
|
Bought
525 K USD
|
KANDERS WARREN B
Executive Chairman
|
+ 125000
|
4.2 USD |
|
16 years ago
Nov 21, 2008
|
Bought
597 K USD
|
KANDERS WARREN B
Executive Chairman
|
+ 142027
|
4.2 USD |
|
16 years ago
Aug 11, 2008
|
Bought
1.58 M USD
|
KANDERS WARREN B
Executive Chairman
|
+ 309000
|
5.105 USD |
|
16 years ago
Aug 05, 2008
|
Bought
643 K USD
|
KANDERS WARREN B
Executive Chairman
|
+ 125000
|
5.146 USD |
|
16 years ago
Jul 18, 2008
|
Bought
71.6 K USD
|
KANDERS WARREN B
Executive Chairman
|
+ 13900
|
5.15 USD |
|
16 years ago
Jul 18, 2008
|
Bought
71.6 K USD
|
SOKOLOW NICOLAS
Director
|
+ 13900
|
5.15 USD |
|
16 years ago
Jul 17, 2008
|
Bought
193 K USD
|
SOKOLOW NICOLAS
Director
|
+ 37500
|
5.15 USD |
|
16 years ago
Jul 15, 2008
|
Bought
480 K USD
|
KANDERS WARREN B
Executive Chairman
|
+ 100000
|
4.8 USD |
|
17 years ago
Nov 15, 2007
|
Bought
380 K USD
|
KANDERS WARREN B
Exec. Chman. of the Bd. of Dir
|
+ 58500
|
6.5 USD |
|
17 years ago
Aug 22, 2007
|
Bought
175 K USD
|
EHRLICH BURTT R
Director
|
+ 25000
|
7 USD |
|
20 years ago
Feb 03, 2005
|
Sell 60.4 K
USD
|
Jeffery Stephen Paul
Director
|
- 6600
|
9.15 USD |
|
20 years ago
Feb 03, 2005
|
Sell 38.5 K
USD
|
Jeffery Stephen Paul
Director
|
- 4200
|
9.16 USD |
|
20 years ago
Feb 03, 2005
|
Sell 11 K
USD
|
Jeffery Stephen Paul
Director
|
- 1200
|
9.17 USD |
|
20 years ago
Feb 03, 2005
|
Sell 11 K
USD
|
Jeffery Stephen Paul
Director
|
- 1200
|
9.2 USD |
|
20 years ago
Feb 03, 2005
|
Sell 32.2 K
USD
|
Jeffery Stephen Paul
Director
|
- 3500
|
9.21 USD |
|
20 years ago
Feb 03, 2005
|
Sell 14.8 K
USD
|
Jeffery Stephen Paul
Director
|
- 1600
|
9.23 USD |
|
20 years ago
Feb 03, 2005
|
Sell 5.55 K
USD
|
Jeffery Stephen Paul
Director
|
- 600
|
9.25 USD |
|
20 years ago
Feb 03, 2005
|
Sell 73.2 K
USD
|
Jeffery Stephen Paul
Director
|
- 7900
|
9.26 USD |
|
20 years ago
Feb 03, 2005
|
Sell 24.1 K
USD
|
Jeffery Stephen Paul
Director
|
- 2600
|
9.27 USD |
|
20 years ago
Feb 03, 2005
|
Sell 220 K
USD
|
Jeffery Stephen Paul
Director
|
- 23700
|
9.28 USD |
|
20 years ago
Feb 03, 2005
|
Sell 6.5 K
USD
|
Jeffery Stephen Paul
Director
|
- 700
|
9.29 USD |
|
20 years ago
Jan 03, 2005
|
Sell 93.9 K
USD
|
Jeffery Stephen Paul
Director
|
- 10100
|
9.3 USD |
|
20 years ago
Feb 03, 2005
|
Sell 160 K
USD
|
Jeffery Stephen Paul
Director
|
- 17000
|
9.4 USD |
|
20 years ago
Nov 17, 2004
|
Sell 24.2 K
USD
|
Jeffery Stephen Paul
Director
|
- 2721
|
8.89 USD |
|
20 years ago
Nov 16, 2004
|
Sell 19.4 K
USD
|
Jeffery Stephen Paul
Director
|
- 2100
|
9.25 USD |
|
20 years ago
Nov 15, 2004
|
Sell 5.52 K
USD
|
Jeffery Stephen Paul
Director
|
- 600
|
9.2 USD |
|
20 years ago
Nov 16, 2004
|
Sell 4.58 K
USD
|
Jeffery Stephen Paul
Director
|
- 500
|
9.15 USD |
|
20 years ago
Nov 16, 2004
|
Sell 19.1 K
USD
|
Jeffery Stephen Paul
Director
|
- 2100
|
9.1 USD |
|
20 years ago
Nov 16, 2004
|
Sell 106 K
USD
|
Jeffery Stephen Paul
Director
|
- 11800
|
9 USD |
|
20 years ago
Nov 15, 2004
|
Sell 17.6 K
USD
|
Jeffery Stephen Paul
Director
|
- 1900
|
9.26 USD |
|
21 years ago
Nov 17, 2003
|
Sell 40.3 K
USD
|
COXE TENCH
Director
|
- 5596
|
7.1967 USD |
|
21 years ago
Nov 17, 2003
|
Sell 101 K
USD
|
COXE TENCH
Director
|
- 14171
|
7.1438 USD |
7. News
Clarus Expands Adventure Lineup With RockyMounts Acquisition
CLAR is optimistic about synergies with RockyMounts, backed by the latter's innovative product line and strong customer base.
zacks.com
- 1 month ago
Rhino-Rack Acquires RockyMounts
SALT LAKE CITY, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, today announced that Rhino-Rack, a leading brand in Clarus's Adventure segment, has acquired certain assets of RockyMounts™, a Colorado-based brand specializing in bicycle transport products. For over 30 years, RockyMounts has designed innovative roof and hitch rack solutions, attracting a dedicated following of customers thanks to the products' distinct style and exceptional durability.
globenewswire.com
- 1 month ago
Thesis Gold Upsizes Previously-Announced Private Placement To $10 Million
Not for distribution to U.S. news wire services or dissemination in the United States VANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Thesis Gold Inc. ("Thesis" or the "Company") (TSXV: TAU | WKN: A3EP87 | OTCQX: THSGF) is pleased to announce that, due to strong investor demand, the Company has agreed with Clarus Securities Inc. (“Clarus”) and Cormark Securities Inc. (“Cormark” and together with Clarus the “Lead Agents”) as Lead Agents on behalf of a syndicate of agents (the “Agents”), to increase the size of its previously announced $7.0 million best-efforts marketed equity private placement (the “Offering”). Pursuant to the upsized deal terms, the Offering will now consist of up to 16,666,667 common shares (the “Common Shares”) at a price of $0.60 per Common Share for gross proceeds of up to approximately $10.0 million.
globenewswire.com
- 1 month ago
Thesis Gold Announces $7.0 Million Private Placement
Not for distribution to U.S. news wire services or dissemination in the United States VANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Thesis Gold Inc. ("Thesis" or the "Company") (TSXV: TAU | WKN: A3EP87 | OTCQX: THSGF) is pleased to announce that the Company has entered into an agreement with Clarus Securities Inc. (“Clarus”) and Cormark Securities Inc. (“Cormark” and together with Clarus the “Lead Agents”) to act as Lead Agents on behalf of a syndicate of agents (the “Agents”), in connection with a best-efforts marketed equity private placement of up to approximately C$7.0 million (the “Offering”). Dr. Ewan Webster, President and CEO, commented “This financing ensures that we are well-positioned to continue advancing our 2025 strategic objectives, including the completion of our Pre-Feasibility Study (PFS), the initiation of the Environmental Impact Assessment (EIA), and preparations for a highly anticipated summer exploration program.
globenewswire.com
- 1 month ago
Clarus Corporation (CLAR) Q3 2024 Earnings Call Transcript
Clarus Corporation (NASDAQ:CLAR ) Q3 2024 Results Conference Call November 7, 2024 5:00 PM ET Company Participants Matt Berkowitz - External Director of Investor Relations Warren Kanders - Executive Chairman Mike Yates - Chief Financial Officer Mat Hayward - Managing Director of Clarus' Adventure Segment Neil Fiske - President of Black Diamond Equipment Conference Call Participants Jim Duffy - Stifel Laurent Vasilescu - BNP Paribas Mark Smith - Lake Street Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Clarus Corporation's financial results for the third quarter ended September 30, 2024. Joining us today are Clarus Corporation's Executive Chairman, Warren Kanders; CFO, Mike Yates; President of Black Diamond Equipment, Neil Fiske; Management Director of Clarus Adventure segment, Mathew Hayward; and the company's external Director of Investor Relations, Matt Berkowitz.
seekingalpha.com
- 2 months ago
Clarus Reports Third Quarter 2024 Results
Continues to Advance Strategic Plan to Capitalize on Long-Term Growth Opportunities Continues to Advance Strategic Plan to Capitalize on Long-Term Growth Opportunities
globenewswire.com
- 2 months ago
Clarus Announces $0.025 Per Share Quarterly Dividend
SALT LAKE CITY, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company's regular quarterly cash dividend of $0.025 per share.
globenewswire.com
- 2 months ago
Clarus: A Turnaround Play Starting To Take Shape, Hold For Now
Clarus's future value lies in how effectively management can revamp the Black Diamond Equipment label and scale the Adventure segment in the US Market. Black Diamonds on-going SKU reduction efforts and improved product assortment will better position the company to achieve its profitability goals. The push to grow the Adventure business segment in the North American market through organic growth and small bolt-on acquisitions wisely parallels the rise of overlanding in the U.S.
seekingalpha.com
- 3 months ago
Clarus Sets Third Quarter 2024 Conference Call for Thursday, November 7, 2024, at 5:00 p.m. ET
SALT LAKE CITY, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, will hold a conference call on Thursday, November 7, 2024, at 5:00 pm ET to discuss its financial results for the third quarter ended September 30, 2024. The financial results will be reported in a press release after the close of regular stock market trading hours on the same day as the conference call.
globenewswire.com
- 3 months ago
Clarus: Near Breakevens But Sales Push Could Come With New Launches
Clarus has no net debt after selling its precision sports business but faces weak end markets and needs sales to benefit from operating leverage. Despite worsened EBITDA guidance, Clarus expects significant profitability improvement by Q4 due to new product launches and strong summer season in Australia/New Zealand. The outdoor segment, led by Black Diamond, should have potential from climbing gear.
seekingalpha.com
- 4 months ago
Clarus Corporation (CLAR) Q2 2024 Earnings Call Transcript
Clarus Corporation (NASDAQ:CLAR ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Matt Berkowitz - External Director of Investor Relations Warren Kanders - Executive Chairman Michael Yates - Chief Financial Officer Mathew Hayward - Managing Director of Clarus' Adventure Segment Neil Fiske - President of Black Diamond Equipment Conference Call Participants Matthew Koranda - ROTH Capital Partners LLC Anna Glaessgen - B. Riley Securities, Inc. Peter McGoldrick - Stifel Mark Smith - Lake Street Capital Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Clarus Corporation's financial results for the second quarter ended June 30, 2024.
seekingalpha.com
- 5 months ago
Clarus Reports Second Quarter 2024 Results
Makes Incremental Progress Executing Strategic Initiatives to Accelerate Long-Term Growth Three Veteran Operating and Sales Executives Added to Adventure Team to Support U.S., International and OEM Markets Strategic Review Initiated for PIEPS Snow Safety Brand within the Outdoor Segment SALT LAKE CITY, Aug. 01, 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 second quarter ended June 30, 2024. Second Quarter 2024 Financial Summary vs.
globenewswire.com
- 6 months ago
8. Profile
Summary
Clarus Corporation CLAR
COUNTRY
US
INDUSTRY
Leisure
MARKET CAP
$ 190 M
Dividend Yield
0.56%
Description
Clarus Corporation develops, manufactures, and distributes outdoor equipment and lifestyle products focusing on the outdoor and consumer markets in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. Its Outdoor 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 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 Equipment, PIEPS, and SKINourishment brands. The company's Precision Sport segment manufactures bullets and ammunition products for precision target shooting, hunting, and military and law enforcement purposes under the Sierra and Barnes brands. The company sells its products to mountain, rock, ice, and gym climbers; and winter outdoor enthusiasts, trail runners, backpackers, competitive shooters, hunters, and outdoor consumers. Its Adventure segment offers engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, and accessories under the Rhino-Rack brand; and overlanding and off-road vehicle recovery and extraction tracks for the overland and the off-road market under the MAXTRAX brand. 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 through its websites. The company was incorporated in 1991 and is headquartered in Salt Lake City, Utah.
Contact
2084 East 3900 South, Salt Lake City, UT, 84124
https://www.claruscorp.com
IPO
Date
May 27, 1998
Employees
500
Officers
Mr. David Cook
Global Head of OEM
Mr. McNeil Seymour Fiske Jr.
President of Black Diamond Equipment
Mr. Mathew Hayward
Managing Director of Clarus Adventure Segment
Mr. Michael J. Yates
Chief Financial Officer, Secretary & Treasurer
Mr. Daniel Bruntsch
Head of EMEA Sales
Mr. Warren B. Kanders
Executive Chairman