Profile
Sector:
Consumer CyclicalIndustry:
LeisureCountry:
United StatesIPO:
27 May 1998Website:
http://www.claruscorp.comNext earnings report:
07 November 2024Last dividends:
09 August 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:02:49 GMTAnalysts recommendations
Institutional Ownership
CLAR Latest News
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.
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.
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.
SALT LAKE CITY, July 19, 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, August 1, 2024, at 5:00 pm ET to discuss its financial results for the second quarter ended June 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.
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.
What type of business is Clarus?
Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States and internationally. The company operates through two segments, Outdoor and Adventure. The Outdoor segment offers apparels, 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; and skis, ski poles, ski skins, 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 and PIEPS brands. The Adventure segment offers engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards, 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, as well as sells and retails overlanding and off-road vehicle under the TRED 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 formerly known as Black Diamond, Inc. and changed its name to Clarus Corporation in August 2017. The company was founded in 1957 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 was Clarus the previous earnings report?
No data
When does Clarus earnings report?
The next expected earnings date for Clarus is 07 November 2024