Clarus Corporation Completes Sale of PIEPS Snow Safety Brand
Sale of PIEPS: Clarus Corporation has completed the sale of PIEPS and JetForce avalanche pack intellectual property to a private investment firm for €7.8 million (approximately $9.1 million), aiming to simplify its business and strengthen its balance sheet.
Company Overview: Clarus Corporation, based in Salt Lake City, specializes in outdoor equipment and lifestyle products, with brands like Black Diamond and Rhino-Rack, focusing on innovation and safety for outdoor enthusiasts.
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- Strategic Partnership Deepening: Clarios has deepened its investment in Swedish Altris through a Joint Development Agreement (JDA) aimed at accelerating product development for sodium-ion technology and securing a resilient European supply chain, thereby enhancing market competitiveness.
- Prototype Battery Assembly: Clarios is collaborating with InoBat to assemble the first sodium-ion test cells in Slovakia, which demonstrate strong cold-start capabilities down to -25°C, ensuring reliable operation of modern vehicles in cold environments and meeting stringent OEM requirements.
- Production Plans: Clarios plans to launch serial production of low-voltage sodium-ion batteries by the end of 2026 at a dedicated facility in Europe or the U.S., which not only supports OEM sustainability goals but also reduces reliance on non-European raw materials, enhancing supply chain security.
- Sustainability Strategy: By prioritizing partnerships and sourcing strategies within Western markets, Clarios aims to establish a secure supply chain for sodium-ion technology, promoting sustainability and addressing the growing demand for battery innovation from global automotive customers.
- Real-Time Monitoring: Clarios' new Trailer Battery Manager provides real-time insights into battery health and charge status, helping operators avoid liftgate failures and ensuring on-time deliveries, which is especially critical in temperature-controlled transport.
- Risk Reduction: By monitoring battery status, operators can take action before issues arise, reducing delays and roadside assistance costs that can exceed $700, significantly enhancing operational efficiency.
- Customer Feedback Response: This feature is a direct response to customer needs, empowering fleet managers to monitor batteries remotely, saving time and costs while improving customer satisfaction.
- Platform Expansion: The Trailer Battery Manager enhances Clarios' Connected Services platform by providing comprehensive visibility into battery health, aiding fleets in optimizing resource use and reducing total cost of ownership.
Earnings Performance: Brunswick (BC) reported quarterly earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.84, but down from $1.17 per share a year ago, marking a 15.48% earnings surprise.
Revenue Growth: The company generated revenues of $1.36 billion for the quarter, surpassing estimates by 7.89% and showing an increase from $1.27 billion year-over-year, with consistent outperformance in revenue estimates over the last four quarters.
Stock Outlook: Brunswick shares have underperformed the S&P 500 this year, and the stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market, while future earnings estimates remain mixed.
Industry Context: The Leisure and Recreation Products industry ranks in the top 36% of Zacks industries, suggesting that industry performance can significantly influence Brunswick's stock, with investors advised to monitor earnings estimate revisions closely.
Earnings Conference Call: Clarus Corporation held its Q2 2025 earnings conference call on July 31, 2025, featuring key executives including Executive Chairman Warren Kanders and CFO Mike Yates, discussing the company's financial results for the quarter ending June 30, 2025.
Forward-Looking Statements: The call included a safe harbor statement by Matt Berkowitz, emphasizing that forward-looking statements made during the discussion are based on current estimates and assumptions, which may be subject to risks and uncertainties affecting actual outcomes.

Conference Call Announcement: Clarus Corporation will hold a conference call on July 31, 2025, at 5:00 pm ET to discuss its second-quarter financial results for the period ending June 30, 2025, with results released after market close on the same day.
Company Overview: Clarus Corporation, based in Salt Lake City, specializes in outdoor equipment and lifestyle products, selling under brands like Black Diamond® and Rhino-Rack®, and emphasizes innovation and safety in its offerings.
Sale of PIEPS: Clarus Corporation has completed the sale of PIEPS and JetForce avalanche pack intellectual property to a private investment firm for €7.8 million (approximately $9.1 million), aiming to simplify its business and strengthen its balance sheet.
Company Overview: Clarus Corporation, based in Salt Lake City, specializes in outdoor equipment and lifestyle products, with brands like Black Diamond and Rhino-Rack, focusing on innovation and safety for outdoor enthusiasts.






