Clarus

Clarus Corp engages in development, manufacture, and distribution of outdoor equipment and lifestyle products focused on the climb, ski, mountain, and sport categories. It operates through the following segments: Outdoor, Precision Sport, and Adventure. The Outdoor segment manufactures outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a wide range of other year-round outdoor recreation activities. The Precision Sport segment includes Sierra and Barnes, which markets bullets and ammunition for both rifles and pistols. The Adventure segment sells automotive roof racks, trays, mounting systems, luggage boxes, carriers and accessories. The company was founded in 1989 and is headquartered in Salt Lake City, UT.

Earnings data Q4 2023

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SALT LAKE CITY, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, today confirmed the receipt of a non-binding indication of interest from Warren B. Kanders to acquire the Company's Precision Sport segment, which is comprised of the Company's Sierra Bullets, L.L.C. and Barnes Bullets – Mona, LLC subsidiaries, through an affiliated entity (the “Buyer”), for approximately $160 million on a cash-free, debt-free basis (the “Buyer's Proposal”), the terms of which are more fully set forth in the complete text of the Buyer's Proposal, included as Exhibit 1 to Mr. Kanders' statement of beneficial ownership on Schedule 13D/A as publicly filed on September 18, 2023 with the U.S. Securities and Exchange Commission. Mr. Kanders is the Company's Executive Chairman of the Board of Directors (the “Board”).

Clarus Confirms Receipt of Non-Binding Indication of Interest Regarding Precision Sport Segment

Clarus Corporation (NASDAQ:CLAR ) Q2 2023 Earnings Call Transcript August 7, 2023 5:00 PM ET Company Participants Cody Slach - External Director, IR Warren Kanders - Executive Chairman Aaron Kuehne - COO Michael Yates - CFO Conference Call Participants Alexander Perry - Bank of America Anna Glaessgen - B. Riley Randal Konik - Jefferies Joseph Altobello - Raymond James Mark Smith - Lake Street James Duffy - Stifel Matthew Koranda - ROTH 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, 2023.

Clarus Corporation (CLAR) Q2 2023 Earnings Call Transcript

The headline numbers for Clarus Corporation (CLAR) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Clarus Corporation (CLAR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Clarus Corporation (CLAR) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.33 per share a year ago.

Clarus Corporation (CLAR) Lags Q2 Earnings and Revenue Estimates

SALT LAKE CITY, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the second quarter ended June 30, 2023.

Clarus Reports Second Quarter 2023 Results

SALT LAKE CITY, Aug. 03, 2023 (GLOBE NEWSWIRE) --  Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, announced that its board of directors has confirmed the Company's regular quarterly cash dividend of $0.025 per share.

Clarus Announces $0.025 Per Share Quarterly Dividend

Clarus Corporation may be forming a technical bottoming pattern, with shares trading in a range since the beginning of the year. The company's ability to generate positive cash flow and its projected free cash flow per share of $0.94 makes it an attractive investment. Improving earnings revisions and growth potential in its outdoor and precision segments suggest positive changes in Clarus' fundamentals.

Clarus: Zoning In On A Multi-Year Bottom

SALT LAKE CITY, July 24, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will hold a conference call on Monday, August 7, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2023. 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.

Clarus Sets Second Quarter 2023 Conference Call for Monday, August 7, 2023, at 5:00 p.m. ET

SALT LAKE CITY, May 31, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will be participating in the following investor conferences:

Clarus Announces June Investor Conference Schedule

Clarus Corporation (NASDAQ:CLAR ) Q1 2023 Results Conference Call May 1, 2023 5:00 PM ET Company Participants Warren Kanders - Executive Chairman Aaron Kuehne - COO Mike Yates - CFO Cody Slach - External Director, IR Conference Call Participants Randy Konik - Jefferies Alex Perry - Bank of America Laurent Vasilescu - BNP Paribas Matthew Koranda - ROTH Joe Altobello - Raymond James Jim Duffy - Stifel Mark Smith - Lake Street Linda Bolton Weiser - D.A. Davidson Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Clarus Corporation's Financial Results for the First Quarter Ended March 31, 2023.

Clarus Corporation (CLAR) Q1 2023 Earnings Call Transcript

Clarus Corporation (CLAR) came out with quarterly earnings of $0.18 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.37 per share a year ago.

Clarus Corporation (CLAR) Meets Q1 Earnings Estimates

SALT LAKE CITY, Utah, May 01, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the first quarter ended March 31, 2023.

Clarus Reports First Quarter 2023 Results

SALT LAKE CITY, April 17, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will hold a conference call on Monday, May 1, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2023. 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.

Clarus Sets First Quarter 2023 Conference Call for Monday, May 1, 2023, at 5:00 p.m. ET

SALT LAKE CITY, March 01, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will be participating in the following investor conferences:

Clarus Announces March Investor Conference Schedule

Clarus Corporation (NASDAQ:CLAR ) Q4 2022 Earnings Conference Call February 27, 2023 5:00 PM ET Company Participants Cody Slach - External Director of IR John Walbrecht - President Mike Yates - CFO Conference Call Participants Alexander Perry - Bank of America Randal Konik - Jefferies Joseph Altobello - Raymond James Ryan Sundby - William Blair Matt Koranda - Roth MKM Mark Smith - Lake Street Linda Bolton-Weiser - D.A. Davidson Jim Duffy - Stifel Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Clarus Corporation's financial results for Fourth Quarter and Full Year Ended December 31, 2022.

Clarus Corporation (CLAR) Q4 2022 Earnings Call Transcript

Clarus Corporation (CLAR) delivered earnings and revenue surprises of -9.09% and 3.03%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Clarus Corporation (CLAR) Misses Q4 Earnings Estimates

SALT LAKE CITY, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the fourth quarter and full year ended December 31, 2022.

Clarus Reports Fourth Quarter and Full Year 2022 Results

SALT LAKE CITY, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will hold a conference call on Monday, February 27, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2022. 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.

Clarus Sets Fourth Quarter and Full Year 2022 Conference Call for Monday, February 27, 2023, at 5:00 p.m. ET

Clarus Corporation earnings missed estimates by a wide margin in Q3 and forward-looking guidance was cut. Shares collapsed on the news before finally bottoming in late December 2022.

Clarus: Cash Crunch Needs To End Fast

Clarus Corporation (NASDAQ:CLAR ) Q3 2022 Earnings Conference Call November 7, 2022 5:00 PM ET Company Participants John Walbrech - President Mike Yates - CFO Cody Slach - External Director of IR Conference Call Participants Alex Perry - Bank of America Joseph Altobello - Raymond James Anna Glaessgen - Jefferies Matt Koranda - ROTH Ryan Sundby - William Blair Linda Bolton-Weiser - D.A. Davidson 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 ending September 30, 2022.

Clarus Corporation (CLAR) Q3 2022 Earnings Call Transcript

Clarus Corporation (CLAR) delivered earnings and revenue surprises of -38.10% and 2%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Clarus Corporation (CLAR) Q3 Earnings and Revenues Miss Estimates

SALT LAKE CITY, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will hold a conference call on Monday, November 7, 2022, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2022. 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.

Clarus Sets Third Quarter 2022 Conference Call for Monday, November 7, 2022, at 5:00 p.m. ET

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Examining 2022 To Date; And Looking Ahead

SALT LAKE CITY, Oct. 04, 2022 (GLOBE NEWSWIRE) -- The board of directors for Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, has approved Thrivent Asset Management, LLC (“Thrivent”) to be permitted under the Company's Rights Agreement, dated as of February 12, 2008, to increase its beneficial ownership in Clarus to up to an aggregate of 9.9% of the Company's outstanding shares of common stock.

Clarus Board of Directors Approves Thrivent Asset Management, a Top Shareholder, to Increase Its Position to up to 9.9% of Shares Outstanding

SALT LAKE CITY, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, announced today that it has filed a lawsuit in the U.S. District Court for the Southern District of New York against HAP Trading, LLC and Mr. Harsh A. Padia to seek to disgorge profits from transactions in Clarus common stock and related derivative securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended.

News for Clarus Stock (CLAR)