Improved sales at Gander Mountain
03/04/2007
Hunting, camping, marine and outdoor products retailer Gander Mountain Company has reported improved sales for its fourth quarter and fiscal year ended February 3. The fourth quarter included 14 weeks compared with 13 weeks for the 2005 quarter, whilst the full year included 53 weeks compared with 52 weeks in 2005.
For the fourth quarter, sales increased 16.4% to $326.9 million. Net income was $15.3 million compared with $22.2 million in the fourth quarter of 2005. Income included a pre-tax non-cash charge of $9 million.
For the full year, sales totalled $911.4 million, an increase of 13.3% over 2005.
The company reported a net loss of $13.2 million compared with a net loss of $13.3 million in 2005.
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