Clarus Corp (CLAR)

Clarus Corporation, a holding company, focuses on the outdoor and consumer industries. The company develops, manufactures, and distributes outdoor equipment and lifestyle products with focus on the climb, ski, mountain, and sport categories. It operates in two segments, Black Diamond and Sierra. The Black Diamond segment offers high performance apparel, such as jackets, shells, pants, and bibs; rock-climbing equipment comprising carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and high-end day packs; tents; trekking poles; headlamps and lanterns; and gloves and mittens. It also offers advanced skis, ski poles, ski skins, and snow safety products that include avalanche airbag systems, avalanche transceivers, shovels, and probes. This segment offers its outdoor engineered equipment and apparel for climbing, mountaineering, backpacking, skiing, and various other outdoor recreation activities under the Black Diamond Equipment and PIEPS brands. The Sierra segment provides bullets for rifles and pistols, including precision target shooting, hunting and military, and law enforcement purposes under the Sierra brand. The company sells its products to mountain, rock, ice, and gym climbers; and winter outdoor enthusiasts, backpackers, competitive shooters, hunters, and outdoor-inspired consumers. It markets and distributes its products through independent specialty stores and specialty chains, sporting goods and outdoor recreation stores, distributors, and original equipment manufacturers; and independent distributors, as well as directly to customers through its Websites. The company operates in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, South America, and internationally. The company was formerly known as Black Diamond, Inc. and changed its name to Clarus Corporation in August 2017. Clarus Corporation was founded in 1957 and is headquartered in Salt Lake City, Utah.