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Clarus Corporation

NasdaqGS:CLAR Stock Report

Market Cap: US$135.9m

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Clarus Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureno data
CEO ownershipn/a
Management average tenure2.2yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Seeking Alpha • Aug 29

Clarus Corporation's Turnaround Is In Progress (Upgrade)

Summary Clarus Corporation is upgraded from a Sell to a speculative Hold following a material improvement in profit guidance. CLAR’s EBITDA guidance for the year increased to $12–$13 million, with operating cash flow projected at $12.5 million. Cost reductions, favorable product mix, and a $6.1 million tariff refund contributed to a swing from net loss to net profit. Despite improved fundamentals and a debt-free balance sheet, macroeconomic risks and stagnant revenue temper bullishness for CLAR stock. Read the full article on Seeking Alpha
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Narrative Update • Aug 10

CLAR: Share Repurchases And Stable 2026 Guidance Will Support Re Rating Potential

Analysts now set their Clarus price target at $4.50, compared with the prior $4.00. This reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions.
Analysis Article • Aug 09

Clarus Corporation Just Reported A Surprise Profit And Analysts Updated Their Estimates

It's been a pretty great week for Clarus Corporation ( NASDAQ:CLAR ) shareholders, with its shares surging 16% to...
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Narrative Update • Jun 28

CLAR: Lower Multiple And Stable Guidance Will Support Re Rating Potential

Clarus' updated analyst price target has been reduced from $5.00 to $4.00, with analysts citing a slightly higher discount rate, modest adjustments to revenue growth and profit margin assumptions, and a lower future P/E multiple as key drivers of the change. What’s in the News for Clarus Clarus issued earnings guidance for the second quarter of 2026, with sales expected to range between $51 million and $53 million.
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Narrative Update • Jun 14

CLAR: Higher Margins And Stable Outlook Will Support Re Rating Potential

Analysts have modestly reduced their price target for Clarus to $5.00. This change reflects updated assumptions around discount rates, revenue growth, profit margins, and future P/E that together suggest a slightly more cautious outlook on the stock's valuation.
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Narrative Update • May 31

CLAR: Forward Sales Guidance And Buyback Progress Will Drive Re Rating Potential

Analysts have reduced their price target on Clarus to $5.00. This reflects updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.
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Narrative Update • Apr 21

CLAR: Future Guidance And Higher Margins Will Support Upside Potential

Analysts have trimmed their price target on Clarus from about $4.25 to roughly $3.71. This reflects updated views on fair value, assumptions for revenue growth and profit margins, and a lower expected future P/E multiple.
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Narrative Update • Apr 06

CLAR: Forward Sales Guidance Will Drive Future Re Rating Potential

Analysts have slightly revised their price target on Clarus to $5.78. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E that leave their overall valuation view broadly intact.
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Narrative Update • Mar 23

CLAR: Forward Guidance And Impairment Charges Will Drive Re Rating Potential

Analysts have nudged their Clarus price target to align with updated inputs on the discount rate, revenue growth, profit margin, and future P/E assumptions. This reflects a modest recalibration of expectations rather than a major shift in outlook.
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Narrative Update • Mar 08

CLAR: Forward Guidance And Impairment Charges Will Support Re Rating Potential

Analysts have adjusted their price target for Clarus from $6.82 to $5.78, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E as the key drivers of this change. What's in the News Clarus issued earnings guidance for fiscal 2026, targeting sales in a range of $255 million to $265 million (Company guidance).
Analysis Article • Sep 10

Clarus Corporation's (NASDAQ:CLAR) Popularity With Investors Is Clear

There wouldn't be many who think Clarus Corporation's ( NASDAQ:CLAR ) price-to-sales (or "P/S") ratio of 0.6x is worth...
Analysis Article • Jun 10

Investor Optimism Abounds Clarus Corporation (NASDAQ:CLAR) But Growth Is Lacking

There wouldn't be many who think Clarus Corporation's ( NASDAQ:CLAR ) price-to-sales (or "P/S") ratio of 0.5x is worth...
Analysis Article • May 12

Clarus' (NASDAQ:CLAR) Dividend Will Be $0.025

Clarus Corporation ( NASDAQ:CLAR ) has announced that it will pay a dividend of $0.025 per share on the 28th of May...
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New Narrative • Apr 03

Outdoor Margin Improvements And 2025 Adventure Launches Will Spur Success

Enhancements in inventory and core business processes are expected to improve margins and boost future profitability.
Seeking Alpha • Mar 13

Clarus: The Uphill Battle Might Be Worth Joining Now

Summary Clarus is a turnaround play, betting on recovery in discretionary spending and undergoing business transformation with a focus on profitability and no long-term debt. The company has valuable niche brands in Outdoor and Adventure segments, with a clean balance sheet and a modest dividend yield of 2.5%. Despite past acquisition challenges, Clarus is taking strategic actions like geographical expansion, bolt-on acquisitions, and operational streamlining to drive future profitability. Risks include dependency on auto sales, tariffs, and ongoing litigations, but the balance sheet provides downside protection, making it a potential long-term investment. Read the full article on Seeking Alpha
Analysis Article • Mar 10

Clarus (NASDAQ:CLAR) Is Paying Out A Dividend Of $0.025

Clarus Corporation ( NASDAQ:CLAR ) will pay a dividend of $0.025 on the 26th of March. The dividend yield is 2.3% based...
Analysis Article • Nov 12

Clarus (NASDAQ:CLAR) Is Due To Pay A Dividend Of $0.025

Clarus Corporation's ( NASDAQ:CLAR ) investors are due to receive a payment of $0.025 per share on 27th of November...
Seeking Alpha • Nov 05

Clarus Corp: Why CLAR Is Languishing At A Sub-$100M EV

Summary Clarus Corp. faces a challenging year, but its strong brands, large cash balance, and no debt position it for future growth. Clarus's enterprise value is under $100 million, but its brands could privately sell for $300-$500 million, implying a stock price of $10-$15/sh. The stock is trading at ~$4/sh due to non-fundamental selling by large holders, but management is aligned and motivated to close the value gap. Black Diamond Equipment, a Clarus brand, has grown consistently over 25 years, contradicting market perceptions of decline. Read the full article on Seeking Alpha
Seeking Alpha • Oct 30

Clarus: A Turnaround Play Starting To Take Shape, Hold For Now

Summary Clarus' future value lies in how effectively management can revamp the Black Diamond Equipment label and scale the Adventure segment in the US Market. Black Diamonds on-going SKU reduction efforts and improved product assortment will better position the company to achieve its profitability goals. The push to grow the Adventure business segment in the North American market through organic growth and small bolt-on acquisitions wisely parallels the rise of overlanding in the U.S. The potential sale of the Pieps GmbH label will further reduce SKUs in the company’s Outdoor segment and provide additional funding to acquire more businesses, boosting Adventure growth domestically. Read the full article on Seeking Alpha
Seeking Alpha • Sep 27

Clarus Corporation: Still Trying To Normalize From Pandemic

Summary Clarus Corporation's shares recently hit nine-year lows due to a downward revision in FY '24 Adj. EBITDA outlook, driven by weak U.S. roof rack demand and expansion efforts. However, the company has no debt, sports a 2.2% dividend yield, and expects $1.85 per share in cash by YE24, and trades at a low P/E ratio. The stock has also seen some recent insider buying.  An analysis of Clarus Corporation follows in the paragraphs below. Read the full article on Seeking Alpha
Seeking Alpha • Sep 15

Clarus: Near Breakevens But Sales Push Could Come With New Launches

Summary Clarus has no net debt after selling its precision sports business but faces weak end markets and needs sales to benefit from operating leverage. Despite worsened EBITDA guidance, Clarus expects significant profitability improvement by Q4 due to new product launches and strong summer season in Australia/New Zealand. The outdoor segment, led by Black Diamond, should have potential from climbing gear. Multiples are compressed if applying some peer margins, and we think climbing could be a bit of a growth engine for the business. Read the full article on Seeking Alpha
Analysis Article • Sep 14

Here's Why We're Not At All Concerned With Clarus' (NASDAQ:CLAR) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article • Aug 07

Slammed 27% Clarus Corporation (NASDAQ:CLAR) Screens Well Here But There Might Be A Catch

Unfortunately for some shareholders, the Clarus Corporation ( NASDAQ:CLAR ) share price has dived 27% in the last...

CEO

Clarus has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Warren Kanders
Executive Chairman24.3yrsUS$1.87m16.24%
$ 22.1m
Michael Yates
CFO, Secretary & Treasurer4.7yrsUS$652.12k0.17%
$ 230.8k
McNeil Fiske
President of Black Diamond Equipment3.6yrsno datano data
Daniel Bruntsch
Head of EMEA Sales2.2yrsno datano data
David Cook
Global Head of OEM2.2yrsno datano data
Tripp Wyckoff
Managing Director of Clarus Adventure Segment1.3yrsno datano data
2.2yrs
Average Tenure
64yo
Average Age

Experienced Management: CLAR's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Warren Kanders
Executive Chairman24.3yrsUS$1.87m16.24%
$ 22.1m
Nicholas Sokolow
Lead Independent Director24.3yrsUS$92.41k2.02%
$ 2.7m
Mark Besca
Independent Director1.8yrsUS$73.92k0%
$ 0
Roger Werner
Independent Director2.5yrsUS$66.42k0%
$ 0
Susan Ottmann
Independent Director5.3yrsUS$66.42k0%
$ 0
5.3yrs
Average Tenure
68yo
Average Age

Experienced Board: CLAR's board of directors are considered experienced (5.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 02:15
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Clarus Corporation is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Laurent VasilescuBNP Paribas
Alexander PerryBofA Global Research
Anna GlaessgenB. Riley Securities, Inc.

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