Clarus Corporation (NASDAQ: CLAR) is an outdoor equipment and lifestyle products company that designs, develops, manufactures, and distributes gear for outdoor enthusiasts under multiple brands. Revenue comes from transactional product sales distributed through its own global distribution centers and Independent Global Distributors (IGDs) across domestic and international markets. Its core brands include Black Diamond Equipment (climbing, skiing, and mountain sports gear, headquartered in Salt Lake City, Utah), Rhino-Rack (aftermarket automotive roof racks and accessories, headquartered in Sydney, Australia, with a leading market position in Australia since 1992), and MAXTRAX (vehicle recovery boards, founded in 2005). Clarus is headquartered in Salt Lake City, Utah, and pays a quarterly cash dividend of $0.025 per share, totaling $3,840,000 in dividends paid during FY2025. The company sources packaging materials domestically and from Asia and Europe. Restructuring charges of $967,000 in FY2025, $1,948,000 in FY2024, and $3,223,000 in FY2023 reflect ongoing cost reduction actions begun in 2023, totaling $6,138,000 cumulatively.

Revenue model

Transactional product sales of outdoor equipment and accessories sold globally through owned distribution centers and Independent Global Distributors (IGDs). The company is a dividend payer, with $3,840,000 in quarterly cash dividends paid in FY2025.

Products and services

Black Diamond Equipment: climbing, skiing, and mountain sports equipment. Rhino-Rack: aftermarket automotive roof racks, luggage carriers, shade awnings, kayak carriers, bike carriers, and load-securing accessories. MAXTRAX: vehicle recovery boards and related vehicle recovery products.

Customers and end markets

Outdoor enthusiasts including climbers, skiers, mountain sports participants, overlanders, campers, and off-road vehicle users. Products are sold globally to core and everyday outdoor users. End-market demand is driven by the popularity of outdoor activities and shifting consumer preferences.

Value-chain role

Designer, developer, manufacturer, and distributor. Sources materials domestically and from Asia and Europe. Ships through owned global distribution centers and third-party IGDs. Quality assurance engineering is described as a core internal competency.

Geographic exposure

Global operations with brands headquartered in Salt Lake City, Utah (Black Diamond Equipment, Clarus corporate) and Sydney, Australia (Rhino-Rack). Products distributed internationally through owned distribution centers and IGDs. Materials sourced from domestic, Asian, and European suppliers.

Source: SEC 10-K, filed 2026-03-05

Industry: Sporting & Athletic Goods, NEC Peers: Smith & Wesson Brands Inc Outdoor Holding Company Hasbro Inc Johnson Outdoors Inc Latham Group Inc Malibu Boats Inc Marine Products Corp Mastercraft Boat Holdings Inc Sturm Ruger & Company Inc Solo Brands Inc