Clarus (CLAR) Q4 Earnings & Revenues Lag Estimates, Stock Down

Clarus Corporation (CLAR) reported fourth-quarter 2023 financial numbers, with the top and bottom lines missing the Zacks Consensus Estimate. The bottom line missed the consensus estimate for the third consecutive quarter. Following the results, the company’s shares lost 2.3% in the after-hours trading session on Mar 7.Warren Kanders, Clarus’ executive chairman, said despite facing significant macroeconomic challenges in 2023 that negatively affected consumer interest, the company had implemented crucial me ...