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: March 31, 2024 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 Accelerated filer ☒ ☐ Table of Contents Indicate by check mark whether the registrant: (1) has filed all reports required to ...

Clarus Reports First Quarter 2024 Results Reduced Apparel Inventory at Outdoor 38% SALT LAKE CITY, May 2, 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 first quarter ended March 31, 2024. · Sales of $69.3 million compared to $70.3 million. · Gross margin was 35.9% compared to 36.3%; adjusted gross margin of 36.9% compared to 36.3%. · Net income, which includes the impa ...

SALT LAKE CITY, April 18, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, will hold a conference call on Thursday, May 2, 2024, at 5:00 pm ET to discuss its financial results for the first quarter ended March 31, 2024. The financial results will be reported in a press release after the close of regular stock market trading hours on the same day as the conference call. Date: Thursday, May 2, 2024Time: 5:00 ...

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 ...

SALT LAKE CITY, March 08, 2024 (GLOBE NEWSWIRE) -- The board of directors for Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, has approved the respective requests of two of its largest shareholders, Greenhouse Funds LLLP ("Greenhouse") and Clarus Executive Chairman Warren Kanders and its affiliates (collectively, "Kanders"), to be permitted under the Company's Rights Agreement dated as of February 12, 2008, to increase their benef ...

Clarus Corporation (NASDAQ:CLAR) Q4 2023 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Matt Berkowitz - External Director, Investor Relations Warren Kanders - Executive Chairman Michael Yates - Chief Financial Officer Conference Call Participants Laurent Vasilescu - BNP Paribas Matt Koranda - Roth MKM Anna Glaessgen - B. Riley Mark Smith - Lake Street Operator Good afternoon everyone, and thank you for participating in today's conference call to discuss Clarus Corporation's Financia ...

Clarus Corporation (CLAR) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -187.50%. A quarter ago, it was expected that this company would post earnings of $0.28 per share when it actually produced earnings of $0.16, delivering a surprise of -42.86%.Over the last four quarters, the company has not ...

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 ...

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 ...

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 ...