The Sierra and Black Diamond parent expects third quarter sales to improve 66%-67% year-over-year to $107-$108 million, up from $64.5 million in 2020. The gains include 19% growth from Black Diamond and a 100% increase from the ammunition business, along with a $19.5 million contribution from Rhino Rack. Adjusted EBITDA is seen coming in at $18.5-$18.8 million, more than double last year’s $9.1 million. Net debt stands at $179.1 million, most of which is attributable to the Rhino Rack acquisition last summer. CLAR says it has incurred about $8.1 million in transaction and integration costs, and that the process ... Log in to view full article.