CLAR

Clarus Sets Third Quarter 2023 Conference Call for Tuesday, November 7, 2023, at 5:00 p.m. ET

Retrieved on: 
Tuesday, October 24, 2023

SALT LAKE CITY, Oct. 24, 2023 (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 Tuesday, November 7, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • SALT LAKE CITY, Oct. 24, 2023 (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 Tuesday, November 7, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023.
  • 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.
  • To access the call by phone, please register via the live call registration link above and you will be provided with dial-in instructions and details.
  • If you have any difficulty connecting with the conference call, please contact Gateway Group at 1-949-574-3860.

Clarus Acquires TRED Outdoors, a Fast-Growing Outdoor Adventure Brand

Retrieved on: 
Tuesday, October 10, 2023

SALT LAKE CITY, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, today announced it has acquired Australian-based TRED Outdoors Pty Ltd. (“TRED”) from Venlo Holdings. TRED is a fast-growing, outdoor adventure brand producing best-in-class innovative products across the following segments: Offroad, 4x4 automotive touring, camping and caravans. The transaction includes a combination of cash, stock and future consideration based on TRED’s performance. TRED will continue to operate independently as a wholly-owned indirect subsidiary of Clarus and will be part of the Company’s Adventure segment.

Key Points: 
  • SALT LAKE CITY, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, today announced it has acquired Australian-based TRED Outdoors Pty Ltd. (“TRED”) from Venlo Holdings.
  • TRED is a fast-growing, outdoor adventure brand producing best-in-class innovative products across the following segments: Offroad, 4x4 automotive touring, camping and caravans.
  • TRED will continue to operate independently as a wholly-owned indirect subsidiary of Clarus and will be part of the Company’s Adventure segment.
  • Attracting the attention and support of a global leader like Clarus validates the team's hard work and TRED’s future potential.

Special Committee of Clarus Retains Houlihan Lokey as Financial Advisor

Retrieved on: 
Thursday, October 5, 2023

SALT LAKE CITY, Oct. 05, 2023 (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 in response to the previously disclosed non-binding indication of interest received from Warren B. Kanders, the Company’s Executive Chairman, to acquire the Company’s Precision Sport segment, the special committee of the Company’s Board of Directors, which is comprised of independent directors (the “Special Committee”), in accordance with its previously disclosed powers to engage financial advisors, has retained Houlihan Lokey as the Special Committee’s exclusive financial advisor for the potential sale of the Precision Sport segment of the Company.

Key Points: 
  • SALT LAKE CITY, Oct. 05, 2023 (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 in response to the previously disclosed non-binding indication of interest received from Warren B. Kanders, the Company’s Executive Chairman, to acquire the Company’s Precision Sport segment, the special committee of the Company’s Board of Directors, which is comprised of independent directors (the “Special Committee”), in accordance with its previously disclosed powers to engage financial advisors, has retained Houlihan Lokey as the Special Committee’s exclusive financial advisor for the potential sale of the Precision Sport segment of the Company.
  • Houlihan Lokey will assist the Committee in its evaluation of the transaction proposed by Mr. Kanders, and will, at the Committee’s request, assist in the solicitation of parties that have expressed an interest in, and other parties that may be interested in, acquiring the Precision Sport segment through a process intended to maximize the value to Clarus’ shareholders.
  • There can be no assurance that any definitive agreement will result from this process or that any transaction will be consummated, whether with Mr. Kanders or any other party.
  • The Company and the Special Committee do not intend to comment further unless and until they deem further disclosure is appropriate.

Clarus Confirms Receipt of Non-Binding Indication of Interest Regarding Precision Sport Segment

Retrieved on: 
Tuesday, September 19, 2023

SALT LAKE CITY, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, today confirmed the receipt of a non-binding indication of interest from Warren B. Kanders to acquire the Company’s Precision Sport segment, which is comprised of the Company’s Sierra Bullets, L.L.C.

Key Points: 
  • SALT LAKE CITY, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, today confirmed the receipt of a non-binding indication of interest from Warren B. Kanders to acquire the Company’s Precision Sport segment, which is comprised of the Company’s Sierra Bullets, L.L.C.
  • Mr. Kanders is the Company’s Executive Chairman of the Board of Directors (the “Board”).
  • Separately, Keith Enlow, President of the Company’s Precision Sport segment, has advised the Company that he will resign his position effective September 29, 2023 in order to pursue other opportunities.
  • Michael J. Yates, the Company’s Chief Financial Officer, will serve as interim President of the Company’s Precision Sport segment until a successor is hired and formally appointed.

Clarus Reports Second Quarter 2023 Results

Retrieved on: 
Monday, August 7, 2023

Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the second quarter ended June 30, 2023.
  • “Our second quarter results were impacted by the continued challenging macroeconomic environment and related headwinds,” said Warren Kanders, Clarus’ Executive Chairman.
  • Capital expenditures in the second quarter of 2023 were $1.8 million compared to $2.2 million in the prior year quarter.
  • The Company will hold a conference call today at 5:00 p.m. Eastern time to discuss its second quarter 2023 results.

Clarus Announces $0.025 Per Share Quarterly Dividend

Retrieved on: 
Thursday, August 3, 2023

SALT LAKE CITY, Aug. 03, 2023 (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.

Key Points: 
  • SALT LAKE CITY, Aug. 03, 2023 (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 August 25, 2023, to all stockholders of record as of August 14, 2023.

Clarus Sets Second Quarter 2023 Conference Call for Monday, August 7, 2023, at 5:00 p.m. ET

Retrieved on: 
Monday, July 24, 2023

SALT LAKE CITY, July 24, 2023 (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 Monday, August 7, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • SALT LAKE CITY, July 24, 2023 (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 Monday, August 7, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2023.
  • 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.
  • To access the call by phone, please register via the live call registration link above and you will be provided with dial-in instructions and details.
  • If you have any difficulty connecting with the conference call, please contact Gateway Group at 1-949-574-3860.

Clarus Announces June Investor Conference Schedule

Retrieved on: 
Wednesday, May 31, 2023

A webcast of the Company’s presentation will be available to join at 10:55 AM ET and accessible 90 days after the conference at the link here .

Key Points: 
  • A webcast of the Company’s presentation will be available to join at 10:55 AM ET and accessible 90 days after the conference at the link here .
  • On Wednesday and Thursday, June 7-8, 2023, the Company will be attending the William Blair 43nd Annual Growth Stock Conference in Chicago, IL.
  • On Tuesday and Wednesday, June 20-21, 2023, the Company will be attending the Jefferies Consumer Conference in Nantucket, MA.
  • For more information or to schedule 1x1 meetings, please contact your respective conference representative or Clarus’ investor relations team at [email protected] .

Clarus Reports First Quarter 2023 Results

Retrieved on: 
Monday, May 1, 2023

SALT LAKE CITY, Utah, May 01, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • SALT LAKE CITY, Utah, May 01, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the first quarter ended March 31, 2023.
  • “Clarus’ consolidated Q1 performance was resilient given the macroeconomic headwinds that carried over from 2022,” said Warren Kanders, Clarus’ Executive Chairman.
  • Capital expenditures in the first quarter of 2023 were $1.5 million compared to $1.9 million in the prior year quarter.
  • The Company will hold a conference call today at 5:00 p.m. Eastern time to discuss its first quarter 2023 results.

Clarus Announces $0.025 Per Share Quarterly Dividend

Retrieved on: 
Friday, April 28, 2023

SALT LAKE CITY, April 28, 2023 (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.

Key Points: 
  • SALT LAKE CITY, April 28, 2023 (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 May 19, 2023, to all stockholders of record as of May 8, 2023.