NASDAQ$CLAR
Clarus Corporation · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Clarus reported second quarter 2024 results, making incremental progress executing strategic initiatives to accelerate long-term growth.
Clarus Corporation reported a decrease in sales to $56.5 million compared to $57.9 million in the same year-ago quarter. The Adventure segment saw a sales increase of 13.6%, while the Outdoor segment experienced a decline. The company reaffirmed its full-year revenue guidance but revised its adjusted EBITDA expectations due to market headwinds and strategic investments.
- Sales were $56.5 million, a decrease compared to the same quarter last year.
- Adventure segment sales increased by 13.6%, driven by OEM customers and the TRED Outdoors acquisition.
- Outdoor segment sales decreased due to weakness in North American direct-to-consumer markets and softness in European markets.
- The company reaffirmed its full-year revenue guidance but revised adjusted EBITDA expectations.
Headline financials
Revenue & EPS history
Clarus · Revenue · Quarterly
$56.5M
Revenue by segment
Clarus · $81.3M total across 2 segments · Q3 2023
- Outdoor$61.1M—75.2%
- Adventure$20.2M—24.8%
Forward guidance
The Company continues to expect fiscal year 2024 sales to range between $270 million to $280 million. The Company now expects adjusted EBITDA of approximately $11 million to $14 million, and adjusted free cash flow to range between $7 million to $9 million for the full year 2024.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
-1.3%
Avg return
Earnings day
-2.3%
Avg return
5 days after
-2.4%
Avg return
30 days after
40%
26 / 65 earnings
Positive
+31.9%
Q4 2014
Best reaction
-25.9%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.7% | -10.5% | -2.7% | |
| Q4 2025 | -3.5% | -1.6% | -13.2% | |
| Q3 2025 | +12.6% | +6.2% | +8.0% | |
| Q1 2025 | -7.7% | -7.7% | -3.4% | |
| Q4 2024 | +4.0% | -7.0% | -15.3% | |
| Q3 2024 | -8.7% | -8.9% | -2.9% | |
| Q2 2024 | -17.7% | -25.8% | -28.6% | |
| Q1 2024 | +15.1% | +6.6% | +10.2% | |
| Q4 2023 | +17.2% | +15.9% | +17.5% | |
| Q3 2023 | -12.2% | -14.2% | +4.3% | |
| Q2 2023 | +5.8% | +6.5% | -20.5% | |
| Q1 2023 | -7.3% | -12.1% | -15.0% | |
| Q4 2022 | +0.0% | -0.1% | -9.2% | |
| Q3 2022 | -25.9% | -19.3% | -32.0% | |
| Q2 2022 | +1.4% | -0.4% | -26.4% | |
| Q1 2022 | -14.1% | -1.9% | -10.6% | |
| Q4 2021 | -1.8% | +6.0% | -0.5% | |
| Q3 2021 | -2.5% | -4.5% | -8.8% | |
| Q2 2021 | +5.2% | +1.6% | -2.6% | |
| Q1 2021 | +8.6% | +8.7% | +30.3% | |
| Q4 2020 | +0.6% | -0.1% | -2.0% | |
| Q3 2020 | -7.2% | -10.6% | -15.2% | |
| Q2 2020 | -2.3% | +0.6% | +0.8% | |
| Q1 2020 | -10.8% | -9.9% | +12.4% | |
| Q4 2019 | -5.2% | -12.2% | -19.0% | |
| Q3 2019 | -6.4% | -4.1% | -1.3% | |
| Q2 2019 | -17.9% | -21.5% | -19.7% | |
| Q1 2019 | +5.4% | -0.3% | -4.5% | |
| Q4 2018 | -4.0% | -5.7% | +2.3% | |
| Q3 2018 | +9.3% | +12.5% | +4.3% | |
| Q2 2018 | +2.2% | +4.3% | +10.3% | |
| Q1 2018 | +0.0% | -0.7% | +2.1% | |
| Q4 2017 | +3.7% | +1.5% | +0.0% | |
| Q3 2017 | +2.8% | +4.3% | +9.2% | |
| Q2 2017 | -0.7% | -6.3% | +1.4% | |
| Q1 2017 | +6.3% | +9.3% | +17.6% | |
| Q4 2016 | -2.7% | -5.4% | -7.1% | |
| Q3 2016 | +6.1% | +13.3% | +25.5% | |
| Q2 2016 | -1.4% | +3.3% | +9.3% | |
| Q1 2016 | -4.0% | — | — | |
| Q4 2015 | -3.5% | — | — | |
| Q3 2015 | -25.9% | — | — | |
| Q2 2015 | -13.4% | — | — | |
| Q1 2015 | +8.4% | — | — | |
| Q4 2014 | +31.9% | — | — | |
| Q3 2014 | +6.5% | — | — | |
| Q2 2014 | -6.8% | — | — | |
| Q1 2014 | -2.8% | — | — | |
| Q4 2013 | +8.1% | — | — | |
| Q3 2013 | -13.3% | — | — | |
| Q2 2013 | -1.2% | — | — | |
| Q1 2013 | -9.0% | — | — | |
| Q4 2012 | +10.2% | — | — | |
| Q3 2012 | -8.8% | — | — | |
| Q2 2012 | -11.2% | — | — | |
| Q1 2011 | +4.4% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2011 | +0.7% | — | — | |
| Q4 2009 | +0.7% | — | — | |
| Q3 2010 | -2.1% | — | — | |
| Q3 2011 | -2.1% | — | — | |
| Q4 2010 | -5.2% | — | — | |
| Q2 2010 | -5.2% | — | — | |
| Q2 2011 | -5.2% | — | — | |
| Q1 2010 | +16.3% | — | — |
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