All Clarus articles – Page 2
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ArticleBlack Diamond parent Clarus sees strong growth
Clarus Corp , the parent company of Black Diamond and Pieps , announced that revenues in the fourth quarter surged by 24 percent to $75.9 million, or by 23 percent in constant currencies. This was mostly due to the company’s ammunition division, particularly gains in the Sierra Bullets ...
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News briefs
Clarus announces preliminary Q4 and full-year 2020 results
Clarus Corp , the parent company of Black Diamond and Pieps , said in a preliminary statement on its fourth-quarter and 2020 full-year results that revenue in the latest quarter rose 23 percent from $61.0 million to about $75.0 million. This was largely the credit of the company’s ammunition ...
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ArticleBlack Diamond sales improve but remain below last year
Clarus Corp reported third-quarter sales for Black Diamond (BD), the group’s biggest brand, that bounced back from the second quarter, when revenues were hit by store closures in Europe and America. However, BD still posted an 8 percent decline in revenues compared with the third quarter of 2019, ...
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ArticleClarus expects lower sales for Black Diamond
While releasing preliminary results for the third quarter, Clarus Corp said it expects another quarter of declining sales for Black Diamond (BD), the group’s biggest brand. After recording a 47 percent drop in the second quarter, hit by store closures in Europe and America, BD will post a ...
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News briefs
Clarus raises $11.5m from three top investors to bolster financial strength
Utah-based Clarus Corporation, parent company of Black Diamond, Pieps, Sierra Bullets and Skinourishment, entered into an agreement with three of its top 10 investors - Brown Advisory, Greenhouse Funds and TT Investimentos - to sell 900,000 registered shares of the company to support future growth. The sale will be priced ...
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ArticleClarus expects Black Diamond and Sierra to grow
In a presentation at this year’s virtual edition of the Gateway Conference in San Francisco, an annual invite-only conference that brings together the most compelling companies with the nation’s top investors and analysts, Clarus called the Covid-19 pandemic a “potential blessing” for its Black Diamond and Sierra ...
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ArticleSluggish sales for Black Diamond
A weak performance from Black Diamond , Clarus Corp ’s biggest brand, pushed the group’s sales for the second quarter down by 36 percent to $30.0 million. The parent company of BD, Pieps and Sierra Bullets saw its net loss widen to $2.7 million, from $0.7 million for ...
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ArticleStore closures end Black Diamond’s strong growth
Store closures due to the pandemic pushed Clarus Corp. ’s sales for the first quarter down by 12 percent to $53.6 million. The parent company of Black Diamond , Pieps and Sierra Bullets saw its net income tumble to $36,000, compared with $3.8 million for the three months ...
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News briefsClarus cancels case maker takeover, replaces dividend with shares
Clarus Corp. , the American holding company of Black Diamond Equipment and other operations, said it has cancelled its planned acquisition of an American case maker, SKB , by mutual agreement with the sellers as a result of the uncertainties created by the coronavirus pandemic. Clarus would have had ...
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News briefs
Clarus appoints EVP of operations and talent
Clarus Corp. , the parent company of Black Diamond and other brands, has appointed Kelly Davis as executive vice-president of operations and talent, effective March 26. Davis previously served as a vice-president and general manager of Idex Corp. , a diversified engineered products company, where he was responsible for ...
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ArticleClarus buys a case maker, after making further progress
Clarus Corporation , the parent company of Black Diamond , Sierra Bullets and SKINourishment , continues to make acqusitions in adjacent sectors. It has announced the takeover of SKB Corporation , a leading U.S. producer of protective cases. The purchase price of around $96 million will consist of $85 ...
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