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Article Date: March 2018
Word Count: 279

Acquisition, Organic Growth Drive Better Clarus Results

The former Black Diamond had a profit of $6,019,000 against a loss of $1,389,000 for the final quarter ended Dec. 31 as total sales increased 27% to $52,677,000 from $41,399,000 with the newly-acquired Sierra Bullets providing $6.8 million in sales and Black Diamond equipment adding 11% to the top line. The results included a tax benefit of $6,077,000 this year against a tax benefit of $355,000 last year. One-time charges totaled $2.0 million this year compared to $1.8 million last year. The company also promoted John Walbrecht from president of the outdoor group to president of Clarus Corp.


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