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Article Date: August 2024
Word Count: 145

Clarus’ Struggles Continue in Q2


Net loss at the Black Diamond parent more than doubled to $5,493,000 from $2,091,000 in the second quarter, on revenues that slipped 3% to $56,484,000 from $57,937,000. Adventure segment sales grew 14% to $20.3 million on higher OEM sales, but the Outdoor segment declined 10% to $36.2 million. In a difficult outdoor market, CLAR is working to simplify and rationalize product lines, and also ... Log in to view full article.

 


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