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 2020

Earnings data Q1 2021

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Earnings data Q3 2024

Clarus reports record revenue growth amidst challenges, eyes margin improvement

Clarus reports record revenue growth but grapples with declining sales and gross margin, impacted by inventory destocking and foreign exchange rates. The company anticipates growth acceleration in the second quarter and focuses on margin improvement and operational plans for business growth.

Clarus Q1 2023: Challenges in Sourcing, Strength in Europe

Clarus Corporation's Q1 2023 performance saw challenges in sourcing and inventory levels but demonstrated strengths in European business and component demand.
The company aims to drive growth through strategic partnerships, margin improvement, and a focus on direct-to-consumer channels.
Despite market uncertainties, Clarus remains optimistic about future opportunities and plans to pivot for growth in 2024.
Investors are introduced to new segment leaders as the company focuses on operational efficiency and value creation.

Clarus faces Q2 challenges, focuses on long-term value creation

Clarus Q2 2023 earnings call highlighted challenges from destocking in North America, with varying segment performances. The company is focused on long-term value creation, managing inventory dynamics, and stabilizing business segments amidst a challenging macroeconomic environment.

Clarus Corporation reports Q3 results, faces inventory challenges and opportunities

Clarus Corporation's Q3 2023 performance showed mixed results with challenges in the Precision Sport segment but strengths in the Adventure and Outdoor segments. Efforts to reduce inventory levels and focus on high-demand products present opportunities for improvement. Special interest in acquiring Precision Sport segment and ongoing inventory management remain key focus areas.

Clarus Corporation reports mixed Q4 performance, eyes growth opportunities

Clarus Corporation's Q4 2023 earnings call showcased a mixed performance with strong growth in Adventure but challenges in the Outdoor segment.
The company aims for improved sales in 2024, focusing on enhancing gross margins, operational efficiencies, and addressing regulatory risks.
Despite facing challenges, Clarus remains optimistic about opportunities for growth through promotional strategies, operational enhancements, and strategic partnerships.

Clarus reports strong Q1 performance, focuses on growth strategies

Clarus Corporation's Q1 2024 performance reflects growth in outdoor and adventure segments despite challenges like legal costs and margin pressures.
The company's focus on profitability, inventory management, and diversifying growth opportunities positions it well for future success.
Efforts to enhance margins through digital platforms and direct-to-consumer sales show a commitment to sustainable growth.
Strategic investments and disciplined cost management underscore Clarus's resilience and adaptability in a competitive market.

Clarus Q2 earnings miss guidance, focuses on long-term growth

Clarus faces immediate financial challenges with revenue below guidance and an EBITDA loss, but is actively pursuing strategic initiatives for long-term value creation.
The company's focus on driving organic growth, improving operational efficiencies, and exploring growth opportunities outside the U.S. demonstrates a commitment to long-term success.
Despite macroeconomic headwinds, Clarus remains resilient, with a proactive approach to addressing challenges and leveraging opportunities for sustainable growth.

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Clarus Corporation (CLAR) could produce exceptional returns because of its solid growth attributes.

3 Reasons Why Growth Investors Shouldn't Overlook Clarus Corporation (CLAR)

Clarus Therapeutics Holdings

Clarus Therapeutics Holdings' (CRXT) CEO Bob Dudley on Q4 2021 Results - Earnings Call Transcript

Clarus Corporation (CLAR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Clarus Corporation (CLAR) Upgraded to Strong Buy: Here's What You Should Know

Clarus Corporation (CLAR) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is Clarus Corporation (CLAR) a Solid Growth Stock? 3 Reasons to Think " Yes "

The average of price targets set by Wall Street analysts indicates a potential upside of 56.9% in Clarus Corporation (CLAR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Clarus Corporation (CLAR) Could Rally 57%: Here's is How to Trade

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Clarus (CLAR) fourth-quarter 2021 results benefit from robust sales performance in the Outdoor segment and Precision Sport.

Clarus (CLAR) Q4 Earnings & Revenues Top Estimates, Stock Up

Clarus Corporation (CLAR) on Q4 2021 Results - Earnings Call Transcript

Clarus Corporation (CLAR) delivered earnings and revenue surprises of 18.42% and 10.95%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Clarus Corporation (CLAR) Tops Q4 Earnings and Revenue Estimates

– Sales in the Fourth Quarter of 2021 Increased 56% Year-Over-Year to a Record $118.2 Million; Sales for the Full Year 2021 Increased 68% to a Record $375.8 Million –

Clarus Reports Record Fourth Quarter and Full Year 2021 Results

Clarus Corp (NASDAQ:CLAR) has a unique portfolio of “Super Fan” leisure brands and is poised to benefit from the trend of “solitary leisure,” according to BofA Securities. The Clarus Analyst: Alexander Perry initiated coverage of Clarus with a Buy rating and a price target of $35.

Could A Buy Rating From BofA Make Clarus Stock Reach A Peak?

Clarus Corp (NASDAQ: CLAR) has acquired the headquarters of its Barnes brand for $9.5 million. The building, located in Mona, Utah, is both the headquarters and production facility for the company's Barnes brand.

Clarus Acquires Barnes Headquarters For $9.5M

Purchase Reinforces Commitment to the State of Utah and Allows Barnes' to More Efficiently Expand Capacity Purchase Reinforces Commitment to the State of Utah and Allows Barnes' to More Efficiently Expand Capacity

Clarus Acquires Barnes Bullets' Headquarters, Further Solidifying Utah Presence

The stock price of Clarus Corp (NASDAQ: CLAR) increased by over 6% during intraday trading today. This is why it happened.

Clarus Corp (CLAR) Stock: Why The Price Increased Today

Clarus Corp (NASDAQ: CLAR) has acquired Australian-based MAXTRAX, a developer of vehicle recovery and extraction tracks, for an undisclosed sum. MAXTRAX, founded in 2005 by Brad McCarthy, manufactures all its vehicle recovery tracks in Australia.

Clarus Acquires Australian-Based MAXTRAX For Undisclosed Sum

- Acquisition Accelerates Clarus' Vision to Scale its Overlanding and Vehicle Accessory Category -

Clarus Acquires MAXTRAX, the Market Leader in Vehicle Recovery and Extraction Track for the Overland and Off-Road Market

Clarus Therapeutics' (CRXT) CEO Bob Dudley on Q3 2021 Results - Earnings Call Transcript

Clarus Corporation (CLAR) Q3 2021 Results - Earnings Call Transcript

Clarus Corporation (CLAR) delivered earnings and revenue surprises of -3.85% and 0.78%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Clarus Corporation (CLAR) Q3 Earnings Miss Estimates

- Sales in the Third Quarter of 2021 Increased 69% Year-Over-Year to a Record $109.0 Million -

Clarus Reports Record Third Quarter 2021 Results

Clarus Corporation (CLAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Clarus Corporation (CLAR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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SALT LAKE CITY, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), announced today that it has priced an underwritten public offering of 2,750,000 shares of its common stock for total expected gross proceeds of $74,250,000, before underwriting fees and estimated offering expenses. The Company also granted the underwriters an option for 30 days to purchase up to an additional 412,500 shares of common stock. The offering is subject to customary closing conditions and is expected to close on October 29, 2021.

Clarus Corporation Announces Pricing of Common Stock Offering

SALT LAKE CITY, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), announced that it intends to offer, subject to market and other conditions, 2,750,000 shares of common stock registered under the Securities Act of 1933, as amended. The Company also expects to grant to the underwriters an option for 30 days to purchase up to an additional 412,500 shares of common stock.

Clarus Corporation Announces Launch of Common Stock Offering

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News for Clarus Stock (CLAR)