Welcome to our dedicated page for Clarus news (Ticker: CLAR), a resource for investors and traders seeking the latest updates and insights on Clarus stock.
Clarus Corporation (NASDAQ: CLAR) delivers premium outdoor equipment and adventure solutions through its Black Diamond and Adventure segments. This news hub provides investors and industry professionals with essential updates on corporate developments, product innovations, and market strategies.
Access timely reports on earnings announcements, sustainability initiatives, and global expansion efforts. Our curated collection features press releases covering technical gear launches, automotive accessory developments, and operational updates from Salt Lake City headquarters.
Key focus areas include ESG-friendly manufacturing practices, inventory optimization strategies, and Rhino-Rack product line expansions. Stay informed about climbing equipment innovations, snow safety product enhancements, and overlanding gear developments across international markets.
Bookmark this page for structured updates on CLAR's strategic partnerships, financial performance, and leadership in outdoor recreation markets. Check regularly for verified information supporting informed analysis of this NASDAQ-listed industry leader.
Clarus Corporation (NASDAQ: CLAR), a company focused on outdoor enthusiast markets, has declared a quarterly cash dividend of $0.025 per share. The dividend will be paid on May 28, 2025, to stockholders of record as of May 19, 2025.
Clarus (NASDAQ: CLAR), a global company focused on outdoor enthusiast markets, has scheduled its first quarter 2025 earnings conference call for Thursday, May 8, 2025, at 5:00 pm ET. The company will release its financial results for Q1 2025 (ended March 31, 2025) after market close on the same day.
Interested parties can access the call through phone registration or listen to the live broadcast on the company's website at www.claruscorp.com, where a replay will also be available.
Clarus (NASDAQ: CLAR) reported Q4 2024 financial results with sales of $71.4 million, down from $76.5 million year-over-year. The company posted an adjusted EBITDA of $4.4 million and free cash flow of $14.4 million.
Key Q4 metrics include gross margin improvement to 33.4% (38.0% adjusted) and a net loss of $65.5 million, including a $44.8 million goodwill impairment charge. For full-year 2024, sales decreased 7.6% to $264.3 million, with an adjusted EBITDA of $6.9 million.
Notable developments include:
- Completion of RockyMounts acquisition, expanding bike-rack capabilities
- Product simplification initiatives improving Outdoor segment margins
- 2025 guidance: Sales of $250-260 million, adjusted EBITDA of $14-16 million
- Significant debt reduction to $1.9 million from $119.8 million year-over-year
Clarus (NASDAQ: CLAR), a global company focused on outdoor enthusiast markets, has announced its regular quarterly cash dividend. The company's board of directors has confirmed a dividend payment of $0.025 per share. Shareholders of record as of March 17, 2025, will receive the dividend payment on March 26, 2025.
Clarus (NASDAQ: CLAR), a global company focused on outdoor enthusiast markets, has announced its upcoming fourth quarter and full year 2024 financial results conference call. The event is scheduled for Thursday, March 6, 2025, at 5:00 pm ET.
The company will release its financial results press release after the regular stock market trading hours on the same day. Interested participants can access the call by registering through the provided registration link, after which they will receive dial-in instructions and details. The conference call will also be available for live broadcast and replay on www.claruscorp.com.
Clarus (NASDAQ: CLAR) announced that its Adventure segment brand Rhino-Rack has acquired certain assets of RockyMounts, a Colorado-based bicycle transport products specialist. Founded in Boulder in 1993, RockyMounts is known for innovative roof and hitch rack solutions with distinct style and exceptional durability.
The acquisition aligns with Clarus's strategic focus on strengthening its Adventure portfolio, specifically targeting the bicycle racks and hitch-based products market. The integration will help accelerate Rhino-Rack's brand penetration in the U.S. and provide entry into a new product category in Australia. RockyMounts founder Bobby Noyes will continue as part of the innovation team. The transaction was funded using cash on hand, with terms undisclosed.
Clarus (NASDAQ: CLAR) has appointed Mark Besca to its Board of Directors, effective December 5, 2024. This appointment expands the Board to seven directors, with six being independent. Besca, who brings over 40 years of accounting and financial expertise, will also serve on the Board's Audit Committee.
Besca currently serves as Audit Committee Chair at Markel Group Inc. His previous experience includes a 40-year tenure at EY, where he held several leadership positions including Managing Partner of EY's New York City office and Northeast Managing Partner of EY's Assurance and Advisory Business. He holds an M.B.A from Columbia Business School and a B.B.A. in Accounting from Pace University.
Clarus (NASDAQ: CLAR) reported Q3 2024 financial results with sales of $67.1 million, down from $81.3 million in Q3 2023. The company posted a net loss of $3.2 million, or $(0.08) per share. Gross margin improved to 35.0% from 33.6%, with adjusted gross margin at 37.8%. The Outdoor segment sales were $49.3 million, while Adventure segment sales decreased 11.9% to $17.8 million. The company revised its 2024 outlook, now expecting sales between $260-266 million and adjusted EBITDA of $7-9 million.
Clarus (NASDAQ: CLAR), a global company focused on outdoor enthusiast markets, has declared its regular quarterly cash dividend of $0.025 per share. The dividend will be distributed on November 27, 2024, to stockholders of record as of November 18, 2024.
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