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THO - Clarus: Early Signs Of A Turnaround But A Tough Climb Ahead
Thor Industries Inc.
2024-06-09 21:45:57 ET
Summary
We recap the Q1 results from Clarus Corp.
The company is attempting to jumpstart growth by focusing on core strengths.
We expect shares to remain volatile until sales rebound.
Shares of Clarus Corporation ( CLAR ) have struggled following a short-lived pandemic-era surge where shares briefly reached a $1 billion market value. The stock is down more than 25% over the past year, with an even deeper decline from its 2021 all-time....