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Article Date: March 2021
Word Count: 438

Clarus Finishes Tepid Year with Strong Q4 Gains


Net income was down 43% to $7,069,000 from $12,387,000 in the final quarter as CLAR lapped a $10.4 million tax benefit last year, while revenues climbed 24% to $75,947,000 from $61,022,000. The top line includes about $6.6 million in contribution from Barnes, whose acquisition the company completed on Oct. 2. On an organic basis, sales increased 14% over last year . Black Diamond sales were flat at $55.8 million led by apparel with 19% growth, but climb fell 15% and mountain was down 12% while ski ticked up 3%, all constrained by supply chain challenges in the face of returning ... Log in to view full article.

 


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