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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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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Shares of Clarus (NASDAQ:CLAR) rose in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 244.44% year over year to $0.31, which beat the estimate of $0.22.

Clarus: Q1 Earnings Insights

- Sales in the First Quarter of 2021 Increase 41% Year-Over-Year to $75.3 Million, Marking Third Consecutive Quarter of Growth -

Clarus Reports Record First Quarter 2021 Results and Raises Full-Year Outlook

SALT LAKE CITY, May 07, 2021 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a company focused on the outdoor and consumer industries, announced the nomination of Susan Ottmann to its Board of Directors (“Board”). Shareholders will vote for five director nominees, including Susan, at the Company's Annual Meeting on June 2nd, 2021. The other four nominees up for election are current members of the Company's Board.

Clarus Nominates Susan Ottmann to Board of Directors

SALT LAKE CITY, May 06, 2021 (GLOBE NEWSWIRE) -- Black Diamond Equipment, a global innovator in climbing, skiing and mountain sports equipment, and a brand of Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), has appointed Anthony Rivera as its business unit director for its apparel category. Rivera comes to Black Diamond with a wealth of technical apparel expertise as the former senior manager of merchandising for Arc'Teryx.

Clarus' Black Diamond Equipment Appoints Anthony Rivera as its Business Unit Director for Apparel

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Consumer Confidence Soars to 14-Month High: 5 Solid Picks

SALT LAKE CITY, April 26, 2021 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a company focused on the outdoor and consumer industries, will hold a conference call on Monday, May 10, 2021, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2021. 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 2021 Conference Call for Monday, May 10, 2021, at 5:00 p.m. ET

Clarus Corporation (CLAR) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock

Clarus Corp (CLAR) Enters Oversold Territory

SALT LAKE CITY, March 09, 2021 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a company focused on the outdoor and consumer industries, will be participating in the following virtual investor conferences.

Clarus to Present at Upcoming March Virtual Conferences

Clarus Corporation (CLAR) Management on Q4 2020 Results - Earnings Call Transcript

Clarus Corporation (CLAR) delivered earnings and revenue surprises of 6.25% and 1.13%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Clarus Corporation (CLAR) Surpasses Q4 Earnings and Revenue Estimates

Shares of Clarus (NASDAQ:CLAR) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 54.55% year over year to $0.34, which beat the estimate of $0.30.

Recap: Clarus Q4 Earnings

- Sales in the Fourth Quarter of 2020 Increase 24% Year-over-Year to $75.9 Million -

Clarus Reports Strong Fourth Quarter and Full Year 2020 Results

On Monday, March 08, Clarus (NASDAQ:CLAR) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings Outlook For Clarus

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: Should You Buy?

SALT LAKE CITY, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a company focused on the outdoor and consumer industries, will hold a conference call on Monday, March 8, 2021, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2020. 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 2020 Conference Call for Monday, March 8, 2021, at 5:00 p.m. ET

Sales in the Fourth Quarter of 2020 Expected to be Approximately $75 Million, Up 23% Year-over-Year, Exceeding the Company's Fourth Quarter Sales Outlook Sales in the Fourth Quarter of 2020 Expected to be Approximately $75 Million, Up 23% Year-over-Year, Exceeding the Company's Fourth Quarter Sales Outlook

Clarus Corporation Reports Preliminary Fourth Quarter and Full Year 2020 Results

- Survey of 136 Independent Specialty Outdoor Retailers Ranks Black Diamond as a Leading Brand Across Four Climb Product Categories - - Survey of 136 Independent Specialty Outdoor Retailers Ranks Black Diamond as a Leading Brand Across Four Climb Product Categories -

Black Diamond Named as a Bestselling Climb Brand in 2020 SNEWS Retailer Survey and #1 in Hardware and Harnesses

Clarus (CLAR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Clarus (CLAR): Strong Industry, Solid Earnings Estimate Revisions

The company's growth strategy consists of acquiring and grow businesses that can generate attractive shareholder returns. An investment in Clarus is really a bet on management and their ability to deploy capital at high rates of return.

Clarus: Early Growth Innings

Clarus Corporation (CLAR) Q3 2020 Results - Earnings Call Transcript

Shares of Clarus (NASDAQ:CLAR) were unchanged in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share increased 57.89% over the past year to $0.30, which beat the estimate of $0.21.

Clarus: Q3 Earnings Insights

Clarus (CLAR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Clarus (CLAR) Might Surprise This Earnings Season

Maran Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund returned approximately 13.6% net in the third quarter and approximately -1.3% for year-to-date. Over the past three years, Maran Partners Fund is up 38.5% net while the Russell 2000 total return index is up just 5.4% during the same period. You should check out Maran Capital's top 5 stock picks for investors to buy right now, which could be the biggest winners of this year.

Why Clarus Corp (CLAR) Stock is a Compelling Investment Case

SALT LAKE CITY, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a company focused on the outdoor and consumer industries, will hold a conference call on Monday, November 9, 2020, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2020. 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.

News for Clarus Stock (CLAR)