CLAR

Clarus Corporation (NASDAQ:CLAR) is a Utah-based outdoor recreation company founded in 1991 and publicly traded since 1998. The company develops, manufactures, and distributes outdoor equipment and lifestyle products across global markets including North America, Europe, Asia-Pacific, and other regions. Originally operating three distinct business segments, Clarus has undergone significant strategic transformation in recent years, divesting its Precision Sports ammunition business in 2023 for $175 million to focus exclusively on outdoor recreation markets. The company now operates two primary segments: the Outdoor segment featuring climbing and mountaineering equipment under the Black Diamond brand, and the Adventure segment offering automotive roof rack systems and overlanding accessories through brands like Rhino-Rack and MAXTRAX.