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Article Date: March 2024
Word Count: 623

Clarus Plans for Growth after Ammo Sale


Now moved into the pure play outdoor space with the shedding of its ammo business, Clarus outlined a path to profitable growth at its 2024 Investor Day with new management teams in place at its Outdoor and Adventure segments. It hopes to benefit from cleaner supply chains and its margin accretive product portfolio to power global expansion. CLAR reiterated the focus on organic growth with only small Adventure segment bolt-ons targeted for M&A, and a conservative cash management policy in place for the three-year plan. A new credit facility will be ... Log in to view full article.

 


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