Clarus Maps Segment Improvement Plans
CLAR credited its “super fan brands” strategy for driving demand in the company’s DTC channel, with enthusiast consumers largely maintaining spending levels, in a discussion at the Stifel Cross Sector Insight Conference. While wholesale is still under pressure, partner destocking efforts are easing as their on-hand inventory is normalizing to 2019 levels of 10-12 weeks compared to its 20-week spike in the back half of ’22. Unseasonable weather does present some concern, namely delayed summer conditions in the West presenting headwinds for the Outdoor segment. In Precision Sports, some slowness creeping ... Log in to view full article.