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Article Date: May 2019
Word Count: 247

Clarus Net Jumps on Strong Winter Sales


Net income was $3,787,000 for the first quarter this year ended Mar. 31 compared to $403,000 last year as sales improved 15% to $61,218,000 against $53,267,000, which included a 19% improvement in domestic sales to $30,589,000 vs. $25,654,000 and a1 11% improvement in international sales to $30,629,000 compared to $27,613,000. Favorable winter weather which extended the ski season in North America and Europe was an important catalyst for the Q1 results as ski hardgoods sales were up 49% and mountain and climb both gained 12%. Elsewhere, Clarus noted that its apparel program produced an 18% increase and the Sierra bullet ... Log in to view full article.

 


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