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Clarus(CLAR) - 2023 Q4 - Annual Results
2024-03-06 16:00
Exhibit 99.1 SALT LAKE CITY, Mar. 7, 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 fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Summary vs. Same Year-Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) "Despite very challenging macroeconomic headwinds throughout 2023 tha ...
Clarus(CLAR) - 2023 Q4 - Annual Report
2024-03-06 16:00
We expense research and development costs as incurred in selling, general, and administrative expenses. 8 Table of Contents Customers We market and distribute our products in over 50 countries, primarily through independent specialty stores and specialty chains, premium sporting goods and outdoor recreation stores, distributors and OEMs in the United States, Canada, Europe, Middle East, Asia, Australia, New Zealand, Africa, and South America. Outside of North America and Europe, we sell our products through ...
Clarus Announces $0.025 Per Share Quarterly Dividend
Newsfilter· 2024-03-05 21:15
SALT LAKE CITY, March 05, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor and consumer 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 28, 2024, to all stockholders of record as of March 18, 2024. About Clarus Corporation Headquartered in Salt Lake City, Utah, Clarus Corporation is a global leadin ...
Clarus (CLAR) to Report Q4 Earnings: Here's What to Expect
Zacks Investment Research· 2024-03-05 18:56
Clarus Corporation (CLAR) is slated to report fourth-quarter 2023 results on Mar 7, after market close.In the last reported quarter, the company’s earnings and sales missed the Zacks Consensus Estimate by 42.9% and 1.7%, respectively.CLAR’s earnings missed expectations in three of the trailing four quarters and met on the remaining occasion, the negative average surprise being 18.4%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for fourth-quarter 2023 earnings per share has decreased to 8 cents ...
Countdown to Clarus Corporation (CLAR) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Zacks Investment Research· 2024-03-04 15:16
Wall Street analysts forecast that Clarus Corporation (CLAR) will report quarterly earnings of $0.08 per share in its upcoming release, pointing to a year-over-year decline of 60%. It is anticipated that revenues will amount to $84.45 million, exhibiting a decline of 18.9% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ah ...
Clarus Completes Sale of Precision Sport Segment to JDH Capital
Newsfilter· 2024-02-29 21:15
SALT LAKE CITY, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor and consumer enthusiast markets, today announced that it has completed the sale of its Precision Sport segment, which is comprised of Sierra Bullets, L.L.C. and Barnes Bullets – Mona, LLC, to Bullseye Acquisitions, LLC, an affiliate of JDH Capital Company. The Company sold its Precision Sport segment for approximately $175 million and used a portion of t ...
Clarus Announces Fourth Quarter and Full Year 2023 Conference Call and Upcoming Investor Day
Newsfilter· 2024-02-07 21:15
Q4 Conference Call Set for Thursday, March 7, 2024, at 5:00 pm ET 2024 Investor Day to be Held in NYC on Monday, March 11, 2024, at 12:00 pm ET SALT LAKE CITY, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor and consumer enthusiast markets, will hold a conference call on Thursday, March 7, 2024, at 5:00 pm ET to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The financial ...
Clarus(CLAR) - 2023 Q3 - Earnings Call Transcript
2023-11-08 04:37
Clarus Corporation (NASDAQ:CLAR) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Cody Slach - External Director, Investor Relations Warren Kanders - Executive Chairman Michael Yates - Chief Financial Officer Conference Call Participants Anna Glaessgen - B Riley Matt Koranda - ROTH MKM Jim Duffy - Stifel 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 ...
Clarus(CLAR) - 2023 Q3 - Quarterly Report
2023-11-06 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: September 30, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Common Stock, par value $.0001 per share CLAR NASDAQ Global Select Market Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of t ...
Clarus(CLAR) - 2023 Q2 - Earnings Call Transcript
2023-08-08 04:12
Clarus Corporation (NASDAQ:CLAR) Q2 2023 Earnings Call Transcript August 7, 2023 5:00 PM ET Company Participants Cody Slach - External Director, IR Warren Kanders - Executive Chairman Aaron Kuehne - COO Michael Yates - CFO Conference Call Participants Alexander Perry - Bank of America Anna Glaessgen - B. Riley Randal Konik - Jefferies Joseph Altobello - Raymond James Mark Smith - Lake Street James Duffy - Stifel Matthew Koranda - ROTH Capital Operator Good afternoon, everyone, and thank you for participatin ...