Articles from Clarus Corporation

Acquisition deepens product expertise in key growth vertical

SALT LAKE CITY, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that the Company’s Board of Directors (the “Board”) appointed Mr. Mark Besca to serve on the Board, effective as of December 5, 2024. With Mr. Besca’s appointment, the Board will be comprised of seven directors, six of whom are independent. Mr. Besca was also appointed to the Audit Committee of the Company’s Board.

Continues to Advance Strategic Plan to Capitalize on Long-Term Growth Opportunities

SALT LAKE CITY, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share.

SALT LAKE CITY, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, will hold a conference call on Thursday, November 7, 2024, at 5:00 pm ET to discuss its financial results for the third quarter ended September 30, 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.

Makes Incremental Progress Executing Strategic Initiatives to Accelerate Long-Term Growth

SALT LAKE CITY, July 30, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share.

SALT LAKE CITY, July 19, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, will hold a conference call on Thursday, August 1, 2024, at 5:00 pm ET to discuss its financial results for the second quarter ended June 30, 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.

- Appoints Tripp Wyckoff as General Manager of Adventure Americas -- Appoints David Cook as Global Head of OEM - - Appoints Daniel Bruntsch as Head of EMEA Sales -

SALT LAKE CITY, May 15, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced today that Chief Financial Officer Mike Yates will be participating in the following investor conferences:

Increased Quarterly Adventure Sales 27%

SALT LAKE CITY, April 30, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share.

SALT LAKE CITY, April 18, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“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.

SALT LAKE CITY, March 11, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced today that it has filed a lawsuit in the U.S. District Court for the Southern District of New York against Caption Management LLC, Caption Partners II LP, Caption GP, LLC, William Cooper and Jason Strasser to seek to disgorge profits from transactions in Clarus common stock in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended.

SALT LAKE CITY, March 08, 2024 (GLOBE NEWSWIRE) -- The board of directors for Clarus Corporation (NASDAQCLAR) (“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 beneficial ownership. Greenhouse and Kanders have been permitted to increase their positions to up to 15.0% and 26.7% of the Company’s outstanding shares of common stock, respectively.

SALT LAKE CITY, March 08, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that the Company’s Board of Directors (the “Board”) appointed Mr. Roger Werner to serve on the Board, effective as of March 8, 2024. With Mr. Werner’s appointment, the Board will be comprised of 6 directors, five of whom are independent.

Adventure Segment Generates Highest Quarterly Revenue of the Year

SALT LAKE CITY, March 05, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“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.

Successful Outcome that Strengthens Balance Sheet and Positions the Company as a Pure-Play Outdoor Business

Q4 Conference Call Set for Thursday, March 7, 2024, at 5:00 pm ET

SALT LAKE CITY, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, today announced that it has entered into a definitive purchase and sale agreement (the “Agreement”) to sell its Precision Sport segment, which is comprised of the Company’s Sierra Bullets, L.L.C. and Barnes Bullets – Mona, LLC subsidiaries, to a U.S.-based non-strategic buyer that is not affiliated with the Company or any of its officers or members of its board of directors, in an all-cash transaction for $175 million at closing, subject to a customary working capital adjustment. The transaction is expected to close in the first quarter of 2024, subject to customary closing conditions, including the receipt of regulatory approvals.

SALT LAKE CITY, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported on the status of its claims against HAP Trading, LLC and Mr. Harsh A. Padia (collectively “HAP Trading”).

SALT LAKE CITY, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the third quarter ended September 30, 2023.

SALT LAKE CITY, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“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.

SALT LAKE CITY, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“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.

- Acquisition Broadens Clarus’ Adventure Segment Into Large Addressable RV and Caravan Categories While Expanding Addressable Consumer Segments Globally -

SALT LAKE CITY, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“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.   

SALT LAKE CITY, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“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. and Barnes Bullets – Mona, LLC subsidiaries, through an affiliated entity (the “Buyer”), for approximately $160 million on a cash-free, debt-free basis (the “Buyer’s Proposal”), the terms of which are more fully set forth in the complete text of the Buyer’s Proposal, included as Exhibit 1 to Mr. Kanders’ statement of beneficial ownership on Schedule 13D/A as publicly filed on September 18, 2023 with the U.S. Securities and Exchange Commission. Mr. Kanders is the Company’s Executive Chairman of the Board of Directors (the “Board”).

SALT LAKE CITY, Aug. 07, 2023 (GLOBE NEWSWIRE) --

SALT LAKE CITY, Aug. 03, 2023 (GLOBE NEWSWIRE) --  Clarus Corporation (NASDAQCLAR) (“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.

SALT LAKE CITY, July 24, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“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.

SALT LAKE CITY, May 31, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will be participating in the following investor conferences:

SALT LAKE CITY, Utah, May 01, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“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.

SALT LAKE CITY, April 28, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“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.

SALT LAKE CITY, April 17, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will hold a conference call on Monday, May 1, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 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.

SALT LAKE CITY, March 01, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will be participating in the following investor conferences:

SALT LAKE CITY, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the fourth quarter and full year ended December 31, 2022.

SALT LAKE CITY, Feb. 24, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“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.

SALT LAKE CITY, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will hold a conference call on Monday, February 27, 2023, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2022. 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.

SALT LAKE CITY, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Black Diamond, Equipment, Ltd., a leading manufacturer and distributor of innovative, high performance outdoor equipment, apparel, and footwear, and a subsidiary of Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), has appointed Neil Fiske to the role of Brand President.

– Sales in the Third Quarter of 2022 Increased 6% Year-Over-Year to $115.7 Million (up 9% on a Constant Currency Basis) –

SALT LAKE CITY, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“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.

SALT LAKE CITY, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will hold a conference call on Monday, November 7, 2022, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2022. 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.

SALT LAKE CITY, Oct. 04, 2022 (GLOBE NEWSWIRE) -- The board of directors for Clarus Corporation (NASDAQCLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, has approved Thrivent Asset Management, LLC (“Thrivent”) to be permitted under the Company’s Rights Agreement, dated as of February 12, 2008, to increase its beneficial ownership in Clarus to up to an aggregate of 9.9% of the Company’s outstanding shares of common stock.

SALT LAKE CITY, UT / ACCESSWIRE / August 30, 2021 / Clarus Corporation (NASDAQCLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor and consumer enthusiast markets, is scheduled to participate at the following virtual financial conferences in September 2021: 10th Annual Gateway Conference Presentation: Wednesday, September 8th at 8:30am Pacific time Webcast: Link Lake Street 5th Annual Best Ideas Growth (BIG5)