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Clarus Corp - CLAR STOCK NEWS

Welcome to our dedicated news page for Clarus (Ticker: CLAR), a resource for investors and traders seeking the latest updates and insights on Clarus.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Clarus's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Clarus's position in the market.

Rhea-AI Summary
Clarus Corporation files a lawsuit against Caption Management LLC and others for violating Section 16(b) of the Securities Exchange Act of 1934 by seeking to disgorge profits from transactions in Clarus common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.05%
Tags
none
-
Rhea-AI Summary
Clarus Corporation (NASDAQ: CLAR) grants Greenhouse Funds LLLP and Clarus Executive Chairman Warren Kanders permission to increase their stakes in the company up to 15.0% and 26.7% of outstanding shares, respectively. Greenhouse and Kanders currently hold 11.9% and 16.7% of Clarus's common stock, respectively, subject to specific conditions set by the board of directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.29%
Tags
management
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Rhea-AI Summary
Clarus Corporation appoints Mr. Roger Werner, a seasoned executive with extensive experience in sports and media, to its Board of Directors. Mr. Werner's background includes leadership roles at ESPN, Prime Ticket Network, and Outdoor Channel Holdings, Inc. His appointment aims to enhance Clarus' growth prospects and profitability in the outdoor enthusiast markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.29%
Tags
management
Rhea-AI Summary
Clarus Corporation reports financial results for Q4 2023, showcasing increased revenue in the Adventure segment, debt repayment, and enhanced cash position. Despite challenging macroeconomic conditions, the company aims for growth and profitability in 2024 as a pure-play outdoor business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.29%
Tags
earnings
-
Rhea-AI Summary
Clarus Corporation (NASDAQ: CLAR) declares a regular quarterly cash dividend of $0.025 per share, payable on March 28, 2024, to stockholders of record as of March 18, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
dividends
-
Rhea-AI Summary
Clarus Corporation (CLAR) completes the sale of its Precision Sport segment for $175 million, strengthening its balance sheet by retiring all outstanding debt. The company will discuss its financial results for Q4 and full year 2023 on March 7, 2024, and hold an investor day on March 11, 2024. The transaction was facilitated by legal and financial advisors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
Tags
none
Rhea-AI Summary
Clarus Corporation (CLAR) will hold a conference call on March 7, 2024, to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The company will also host an investor day on March 11, 2024, in NYC, featuring presentations by Clarus management. The event aims to provide insights into the company's performance and future strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.77%
Tags
conferences
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Rhea-AI Summary
Clarus Corporation (NASDAQ: CLAR) has entered into a definitive purchase and sale agreement to sell its Precision Sport segment for $175 million in an all-cash transaction. The transaction is expected to close in the first quarter of 2024, subject to customary closing conditions and regulatory approvals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.98%
Tags
none
-
Rhea-AI Summary
Clarus Corporation (NASDAQ: CLAR) reported potential recovery of $46,157,732 from HAP Trading's purchases and sales of Clarus common stock in violation of Section 16(b) of the Securities Exchange Act of 1934. The company engaged an expert to review the transactions and is awaiting rebuttal reports from HAP Trading's expert. Other court-mandated timelines are also in place.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4%
Tags
none
Rhea-AI Summary
CLAR - Clarus Corporation Reports Third Quarter 2023 Financial Results, Sales Decline to $100.1 million, Gross Margin Improves to 35.5%
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.72%
Tags
earnings
Clarus Corp

Nasdaq:CLAR

CLAR Rankings

CLAR Stock Data

264.21M
23.64M
9.16%
91.7%
6.83%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
United States
Salt Lake City

About CLAR

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 runni