CLAR’s bottom line swung to a profit of $3,262,000 from a loss of $1,617,000 in the third quarter ended Sep. 30, on 3% higher sales of $71,218,000 up from $69,347,000. Outdoor segment sales grew 12% to $54.7 million, driven by wholesale, independent distributors, and direct-to-consumer. Adventure segment sales, however, were off 20% to $16.5 million, hit by an unfavorable wholesale market in Australia for Rhino-Rack and Maxtrax, partially offset by ForEx tailwinds. Gross margin expanded 590 basis points to 41.0%, including about 80 b.p. from the recovery of IEEPA tariffs, ... Log in to view full article.