Clarus Corporation (CLAR)

Clarus Corp. stock experienced a decline of 24.94% between October 2024 and October 2025, but recently gained 3.24% on the last trading day and was up 9.03% over the preceding two weeks. The company is under investigation by the U.S. Attorney's Office for the District of Utah, stemming from a CPSC inquiry regarding avalanche transmitters. Clarus reported Q2 2025 results on July 31, 2025, and will hold a conference call for Q3 2025 results on November 6, 2025. In Q1 2025, the company exceeded net sales expectations but withdrew its full-year guidance. The company divested its PIEPS snow safety brand. Insider trading activity shows three purchases and three sales by insiders.

Clarus Corporation operates in a market subject to seasonality. Demand for outdoor products increases in the second quarter, while demand for winter sports equipment decreases as the season ends in March, and summer sports equipment sales decline as summer wanes in August. Retailers manage seasonal inventory by planning ahead and maintaining a stock of year-round essential items.

Clarus Corporation is a global designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products, operating in the Consumer Cyclical sector. The company is segmented into "Outdoor," which includes brands like Black Diamond Equipment and PIEPS, offering apparel, climbing equipment, backpacks, and avalanche safety equipment, and "Adventure," which features brands such as Rhino-Rack, MAXTRAX, TRED Outdoors, and RockyMounts, producing automotive roof racks, carriers, and recovery boards.

Clarus Corporation has a global presence with its headquarters in Salt Lake City, Utah. The company's operations extend across North America, Europe, Latin America, and Asia Pacific. Specific subsidiaries and operations are located in Australia and Austria.

Clarus Corporation's brand reputation has been affected by an ongoing investigation by the U.S. Attorney's Office and the CPSC concerning avalanche transmitters distributed by Black Diamond Equipment. The CPSC concluded that the company failed to timely report issues and misrepresented the problem, recommending penalties. Black Diamond is known for its product innovation.

Clarus Corporation's ownership is distributed among institutional shareholders (56.22%), company insiders (25.86%), and retail investors (17.92%). Major institutional owners include Greenhouse Funds LLLP, BlackRock, Inc., and Vanguard Group Inc. The largest individual shareholder is Warren B. Kanders, the Executive Chairman, who owns 16.29% of the company.