Profile
Sector:
Consumer CyclicalIndustry:
LeisureCountry:
United StatesIPO:
27 May 1998Website:
http://www.claruscorp.comNext earnings report:
07 August 2024Last dividends:
09 May 2024Next dividends:
N/APrice
after hours | Fri, 05 Jul 2024 20:01:56 GMTAnalysts recommendations
Institutional Ownership
CLAR Latest News
Clarus Corporation (NASDAQ: CLAR) held its Q1 2024 Earnings Conference Call on May 2, 2024 at 5:00 PM ET. Participants included Warren Kanders, Mike Yates, Neil Fiske, Mathew Hayward, and Matt Berkowitz. Thank you for joining us to discuss Clarus Corporation's financial results for the First Quarter ended March 31, 2024.
Clarus Corporation (CLAR) reported earnings per share that were in line with expectations, breaking even for the quarter instead of posting a loss of $0.02 as predicted by the Zacks Consensus Estimate. This is a decrease from earnings of $0.18 per share reported a year ago.
Clarus (CLAR) fourth-quarter 2023 results are hurt by dismal performance in the regions of Europe.
Clarus Corporation (NASDAQ:CLAR ) Q4 2023 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Matt Berkowitz - External Director, Investor Relations Warren Kanders - Executive Chairman Michael Yates - Chief Financial Officer Conference Call Participants Laurent Vasilescu - BNP Paribas Matt Koranda - Roth MKM Anna Glaessgen - B. Riley 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 Fourth Quarter and Full Year ended December 31, 2023.
Clarus Corporation (CLAR) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $0.20 per share a year ago.
Clarus' (CLAR) fourth-quarter 2023 results are likely to reflect soft contributions from the Precision Sport and Outdoor segments, along with risks associated with foreign exchange.
Evaluate the expected performance of Clarus Corporation (CLAR) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
While the top- and bottom-line numbers for Clarus Corporation (CLAR) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
The company's revenue decreased by 27.2%, and the operating loss (% of revenue) reached 0.3%. Declining real consumer incomes, price investments, and high industry inventories continue to have a negative impact on business financial performance. I believe that financial performance may take longer to recover, so my recommendation is hold.
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.
What type of business is Clarus?
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.
What sector is Clarus in?
Clarus is in the Consumer Cyclical sector
What industry is Clarus in?
Clarus is in the Leisure industry
What country is Clarus from?
Clarus is headquartered in United States
When did Clarus go public?
Clarus initial public offering (IPO) was on 27 May 1998
What is Clarus website?
https://www.claruscorp.com
Is Clarus in the S&P 500?
No, Clarus is not included in the S&P 500 index
Is Clarus in the NASDAQ 100?
No, Clarus is not included in the NASDAQ 100 index
Is Clarus in the Dow Jones?
No, Clarus is not included in the Dow Jones index
When does Clarus report earnings?
The next expected earnings date for Clarus is 07 August 2024