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Clarus Corporation - $CLAR STOCK NEWS

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

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 Corporation'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 Corporation's position in the market.

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Clarus Corporation (NASDAQ: CLAR) reported financial results for Q1 2023. Sales were $97.4 million, down from $113.3 million in the same quarter last year. Gross margin was 37.0%, compared to 39.1% in the year-ago quarter. Net income was $1.6 million, down from $5.3 million. Adjusted net income before non-cash items was $6.9 million, down from $14.8 million. Adjusted EBITDA was $9.6 million with a margin of 9.9%, down from $19.7 million with a margin of 17.4%.
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Clarus Corporation

Nasdaq:CLAR

CLAR Rankings

CLAR Stock Data

260.04M
23.64M
9.16%
91.11%
5.92%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
United States of America
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