Clarus Corporation is a publicly traded company that specializes in outdoor recreation products, focusing primarily on skiing and mountain sports gear
The company designs, manufactures, and markets a range of high-quality equipment and accessories, including climbing gear, ski goggles, and other outdoor apparel. Clarus is committed to innovation and sustainability, often integrating advanced technologies and eco-friendly practices into its product development. Through its various brands, the company aims to enhance outdoor experiences for enthusiasts while promoting a lifestyle centered around adventure and exploration.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at leisure products stocks, starting with Malibu Boats (NASDAQMBUU).
Let’s dig into the relative performance of American Outdoor Brands (NASDAQAOUT) and its peers as we unravel the now-completed Q3 leisure products earnings season.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Brunswick (NYSEBC) and the best and worst performers in the leisure products industry.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the leisure products industry, including Johnson Outdoors (NASDAQJOUT) and its peers.
Clarus has gotten torched over the last six months - since June 2024, its stock price has dropped 26.5% to $4.98 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
US companies prepare for potential tariff increases under Trump administration. Strategies include passing costs to customers, stockpiling imports, and shifting supply chains.
Outdoor lifestyle and equipment company Clarus (NASDAQCLAR) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 17.4% year on year to $67.12 million. The company’s full-year revenue guidance of $263 million at the midpoint came in 4.3% below analysts’ estimates. Its non-GAAP profit of $0.05 per share was also 37.5% below analysts’ consensus estimates.
Today, August 25, 2023, marks an important moment for investors of Clarus (NASDAQCLAR). The company will distribute a dividend payout of $0.03 per share, demonstrating an annualized dividend yield of 1.20%. Remember, only shareholders prior to the ex-dividend date on August 11, 2023 are eligible for this payout.
