Clarus Corporation focuses on the outdoor and consumer industries in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. The company develops, manufactures, and distributes outdoor equipment and lifestyle products focusing on the climb, ski, mountain, sport, and skincare markets. It operates in two segments, Black Diamond and Sierra. The Black Diamond 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 sport-enhancing 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 Sierra segment manufactures bullets and ammunition products for rifles and pistols, which are used for precision target shooting, hunting, and military and law enforcement purposes under the Sierra brand. The company sells its products to mountain, rock, ice, and gym climbers; and winter outdoor enthusiasts, backpackers, competitive shooters, hunters, and outdoor consumers. 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 directly to customers through its websites. The company was formerly known as Black Diamond, Inc. and changed its name to Clarus Corporation in August 2017. Clarus Corporation was incorporated in 1991 and is headquartered in Salt Lake City, Utah.
IPO Year:
Exchange: NASDAQ
Website: claruscorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/2/2024 | Buy → Neutral | ROTH MKM | |
| 1/4/2024 | $13.00 → $7.00 | Buy → Hold | Jefferies |
| 6/29/2023 | $12.00 | Buy | B. Riley Securities |
| 5/3/2023 | $12.00 → $10.00 | Buy → Neutral | BofA Securities |
| 11/8/2022 | $31.00 → $9.00 | Buy → Neutral | DA Davidson |
| 8/18/2022 | Outperform → Mkt Perform | Raymond James | |
| 3/8/2022 | $38.50 → $42.00 | Buy | DA Davidson |
| 3/8/2022 | $34.00 → $28.00 | Outperform | Raymond James |
| 12/21/2021 | $35.00 | Buy | BofA Securities |
| 12/15/2021 | $33.00 | Neutral → Outperform | Exane BNP Paribas |
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Continues to Execute Strategic Initiatives to Accelerate Long-Term Profitable Growth Promotes Industry Veteran Tripp Wyckoff to Lead Adventure Entered into Agreement to Divest PIEPS Snow Safety Brand for €7.8 Million SALT LAKE CITY, May 08, 2025 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Summary vs. Same Year‐Ago Quarter Sales of $60.4 million compared to $69.3 million.Gross margin was 34.4% compared to 35.9%; adjusted gross margin of 34.6% compared to 36.9%.Net loss of $5.2
SALT LAKE CITY, May 06, 2025 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company's regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on May 28, 2025, to all stockholders of record as of May 19, 2025. About Clarus CorporationHeadquartered in Salt Lake City, Utah, Clarus Corporation is a global leader in the design and development of best-in-class equipment and lifestyle products for outdoor enthusiasts. Driven by our rich history of engineering and innovation, our objective is to provide safe, simple
SALT LAKE CITY, April 24, 2025 (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, May 8, 2025, at 5:00 pm ET to discuss its financial results for the first quarter ended March 31, 2025. 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. Date: Thursday, May 8, 2025Time: 5:00 pm ETRegistration Link: https://register-conf.media-server.com/register/BI6d93afa015384a388abd5672bbaf1a5b To access the call by phone, please register via the live call registration l
Fourth Quarter Sales of $71.4 million, Adjusted EBITDA of $4.4 million, and Free Cash Flow of $14.4 million Completed the Acquisition of RockyMounts, Expanding Adventure's Bike-Rack Product Capabilities Globally SALT LAKE CITY, March 06, 2025 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, reported financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Summary vs. Same Year‐Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) Sales of $71.4 million compared to $76.5 million.Gr
SALT LAKE CITY, March 05, 2025 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company's regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on March 26, 2025, to all stockholders of record as of March 17, 2025. About Clarus CorporationHeadquartered in Salt Lake City, Utah, Clarus Corporation is a global leader in the design and development of best-in-class equipment and lifestyle products for outdoor enthusiasts. Driven by our rich history of engineering and innovation, our objective is to provide safe,
SALT LAKE CITY, Feb. 20, 2025 (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, March 6, 2025, at 5:00 pm ET to discuss its financial results for the fourth quarter and full year ended December 31, 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. Date: Thursday, March 6, 2025Time: 5:00 pm ETRegistration Link: https://register.vevent.com/register/BI193a68bc624f4d3cb299c6cede17b335 To access the call by phone, please register via the live call regi
SALT LAKE CITY, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, today announced that Rhino-Rack, a leading brand in Clarus's Adventure segment, has acquired certain assets of RockyMounts™, a Colorado-based brand specializing in bicycle transport products. For over 30 years, RockyMounts has designed innovative roof and hitch rack solutions, attracting a dedicated following of customers thanks to the products' distinct style and exceptional durability. Founded by Bobby Noyes in Boulder, Colorado in 1993, RockyMounts is known for making well designed and dependable premium bicycl
SALT LAKE CITY, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, announced that the Company's Board of Directors (the "Board") appointed Mr. Mark Besca to serve on the Board, effective as of December 5, 2024. With Mr. Besca's appointment, the Board will be comprised of seven directors, six of whom are independent. Mr. Besca was also appointed to the Audit Committee of the Company's Board. Mr. Besca has over 40 years of accounting and financial expertise serving in leadership roles as an advisor to Fortune 500 companies and as a public company board member. Since 2020, Mr. Besca h
SALT LAKE CITY, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Summary vs. Same Year‐Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) Sales of $67.1 million compared to $81.3 million.Gross margin was 35.0% compared to 33.6%; adjusted gross margin of 37.8% compared to 33.6%.Net loss, which includes the impact of discontinued operations, of $3.2 million, or $(0.08) per diluted share, compared to net lo
SALT LAKE CITY, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company's regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on November 27, 2024, to all stockholders of record as of November 18, 2024. About Clarus CorporationHeadquartered in Salt Lake City, Utah, Clarus Corporation is a global leader in the design and development of best-in-class equipment and lifestyle products for outdoor enthusiasts. Driven by our rich history of engineering and innovation, our objective is to provide s
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8-A12B/A - Clarus Corp (0000913277) (Filer)
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ROTH MKM downgraded Clarus Corporation from Buy to Neutral
Jefferies downgraded Clarus Corporation from Buy to Hold and set a new price target of $7.00 from $13.00 previously
B. Riley Securities initiated coverage of Clarus Corporation with a rating of Buy and set a new price target of $12.00
BofA Securities downgraded Clarus Corporation from Buy to Neutral and set a new price target of $10.00 from $12.00 previously
DA Davidson downgraded Clarus Corporation from Buy to Neutral and set a new price target of $9.00 from $31.00 previously
Raymond James downgraded Clarus Corporation from Outperform to Mkt Perform
DA Davidson reiterated coverage of Clarus with a rating of Buy and set a new price target of $42.00 from $38.50 previously
Raymond James reiterated coverage of Clarus with a rating of Outperform and set a new price target of $28.00 from $34.00 previously
BofA Securities initiated coverage of Clarus Corporation with a rating of Buy and set a new price target of $35.00
Exane BNP Paribas upgraded Clarus Corporation from Neutral to Outperform and set a new price target of $33.00
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SALT LAKE CITY, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, announced that the Company's Board of Directors (the "Board") appointed Mr. Mark Besca to serve on the Board, effective as of December 5, 2024. With Mr. Besca's appointment, the Board will be comprised of seven directors, six of whom are independent. Mr. Besca was also appointed to the Audit Committee of the Company's Board. Mr. Besca has over 40 years of accounting and financial expertise serving in leadership roles as an advisor to Fortune 500 companies and as a public company board member. Since 2020, Mr. Besca h
- Appoints Tripp Wyckoff as General Manager of Adventure Americas -- Appoints David Cook as Global Head of OEM - - Appoints Daniel Bruntsch as Head of EMEA Sales - SALT LAKE CITY, July 18, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company") has made three important strategic hires for its Adventure segment ("Adventure") in order to accelerate growth in the U.S. and international markets and strengthen its global OEM initiatives. Adventure, comprised of Rhino-Rack, MAXTRAX, and TRED Outdoors, has appointed Tripp Wyckoff to the role of General Manager of the Americas, David Cook as Global Head of OEM and Daniel Bruntsch as Head of EMEA Sales. Mathew H
SALT LAKE CITY, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Black Diamond, Equipment, Ltd., a leading manufacturer and distributor of innovative, high performance outdoor equipment, apparel, and footwear, and a subsidiary of Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), has appointed Neil Fiske to the role of Brand President. Fiske will be responsible for accelerating growth and lifting profitability by capitalizing on attractive expansion opportunities across various categories, channels and regions. He joins Black Diamond® from Marquee Brands, a leading brand accelerator with a portfolio of 13 brands. As a CEO for almost 20 years, he has extensive experience in the outdoor, ac
SALT LAKE CITY, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor and consumer enthusiast markets, announced the appointment of James Walker III to its board of directors. Walker has over 30 years of experience in investing and asset management across multiple firms and industries. He currently serves as managing partner and founder of Vinson Ventures, LLC, a boutique investment firm where he focuses on building early-stage companies by actively working with founders and management. Walker was previously managing partner of Fir Tree Partners, a top 50 global alternative asset management firm, where h
SALT LAKE CITY, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Rhino Rack, a premier overlanding company that manufactures and distributes highly-engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, and accessories, and a brand of Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), has appointed Greg Heichelbech to the new role of General Manager of Rhino Rack USA. Heichelbech has over 30 years leadership, operations, and sales and marketing experience working in the branded aftermarket, powersports and outdoor markets. He will be responsible for expanding the presence of Clarus' Rhino Rack® and MAXTRAX® brands in North America. He joins Rhino Rack from Mot
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. "We are very excited to have Anthony join our team at Black Diamond," said Clarus President John Walbrecht. "His diverse work experience, passion as an athlete and avid user of our equipment provide him with insight that is so critical for BD. He is
Continues to Execute Strategic Initiatives to Accelerate Long-Term Profitable Growth Promotes Industry Veteran Tripp Wyckoff to Lead Adventure Entered into Agreement to Divest PIEPS Snow Safety Brand for €7.8 Million SALT LAKE CITY, May 08, 2025 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Summary vs. Same Year‐Ago Quarter Sales of $60.4 million compared to $69.3 million.Gross margin was 34.4% compared to 35.9%; adjusted gross margin of 34.6% compared to 36.9%.Net loss of $5.2
SALT LAKE CITY, May 06, 2025 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company's regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on May 28, 2025, to all stockholders of record as of May 19, 2025. About Clarus CorporationHeadquartered in Salt Lake City, Utah, Clarus Corporation is a global leader in the design and development of best-in-class equipment and lifestyle products for outdoor enthusiasts. Driven by our rich history of engineering and innovation, our objective is to provide safe, simple
SALT LAKE CITY, April 24, 2025 (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, May 8, 2025, at 5:00 pm ET to discuss its financial results for the first quarter ended March 31, 2025. 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. Date: Thursday, May 8, 2025Time: 5:00 pm ETRegistration Link: https://register-conf.media-server.com/register/BI6d93afa015384a388abd5672bbaf1a5b To access the call by phone, please register via the live call registration l
Fourth Quarter Sales of $71.4 million, Adjusted EBITDA of $4.4 million, and Free Cash Flow of $14.4 million Completed the Acquisition of RockyMounts, Expanding Adventure's Bike-Rack Product Capabilities Globally SALT LAKE CITY, March 06, 2025 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, reported financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Summary vs. Same Year‐Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) Sales of $71.4 million compared to $76.5 million.Gr
SALT LAKE CITY, March 05, 2025 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company's regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on March 26, 2025, to all stockholders of record as of March 17, 2025. About Clarus CorporationHeadquartered in Salt Lake City, Utah, Clarus Corporation is a global leader in the design and development of best-in-class equipment and lifestyle products for outdoor enthusiasts. Driven by our rich history of engineering and innovation, our objective is to provide safe,
SALT LAKE CITY, Feb. 20, 2025 (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, March 6, 2025, at 5:00 pm ET to discuss its financial results for the fourth quarter and full year ended December 31, 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. Date: Thursday, March 6, 2025Time: 5:00 pm ETRegistration Link: https://register.vevent.com/register/BI193a68bc624f4d3cb299c6cede17b335 To access the call by phone, please register via the live call regi
SALT LAKE CITY, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, today announced that Rhino-Rack, a leading brand in Clarus's Adventure segment, has acquired certain assets of RockyMounts™, a Colorado-based brand specializing in bicycle transport products. For over 30 years, RockyMounts has designed innovative roof and hitch rack solutions, attracting a dedicated following of customers thanks to the products' distinct style and exceptional durability. Founded by Bobby Noyes in Boulder, Colorado in 1993, RockyMounts is known for making well designed and dependable premium bicycl
SALT LAKE CITY, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Summary vs. Same Year‐Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) Sales of $67.1 million compared to $81.3 million.Gross margin was 35.0% compared to 33.6%; adjusted gross margin of 37.8% compared to 33.6%.Net loss, which includes the impact of discontinued operations, of $3.2 million, or $(0.08) per diluted share, compared to net lo
SALT LAKE CITY, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company's regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on November 27, 2024, to all stockholders of record as of November 18, 2024. About Clarus CorporationHeadquartered in Salt Lake City, Utah, Clarus Corporation is a global leader in the design and development of best-in-class equipment and lifestyle products for outdoor enthusiasts. Driven by our rich history of engineering and innovation, our objective is to provide s
SALT LAKE CITY, Oct. 24, 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, November 7, 2024, at 5:00 pm ET to discuss its financial results for the third quarter ended September 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. Date: Thursday, November 7, 2024Time: 5:00 pm ETRegistration Link: https://register.vevent.com/register/BI55fc3dd7523c4a8e885ce228015f2987 To access the call by phone, please register via the live call registration