Gander Mountain Company sees profits up 37%, Q1 2005
19 May '05
5 min read
Fiscal 2005 Outlook
The company reaffirmed its outlook for fiscal 2005. The company's outlook is based on current expectations and includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act as described later in this release. The company's current outlook for the full year of fiscal 2005 is as follows:
- Sales are expected to exceed $850 million, an increase of at least 32% over fiscal 2004.
- Comparable store sales are expected to increase at least 2%.
- Income before income taxes is expected to be more than $16 million, compared with $1.6 million in fiscal 2004.
-The company expects to open 18 to 20 stores during the year, including three or four store relocations and consolidations.
Gander Mountain Company, headquartered in Saint Paul, Minnesota, leads specialty retailers in serving the needs of outdoor enthusiasts with products and services for hunting, fishing and camping. Gander Mountain offers competitively priced outdoor equipment, technical apparel and footwear, as well as gunsmith, archery, ATV and marine services.
Gander Mountain offers competitively priced outdoor equipment, technical apparel and footwear, as well as gunsmith, archery, ATV and marine services. The stores feature national and regional brands as well as the company's owned brand. Focused on a "We Live Outdoors(R)" culture, Gander Mountain dedicates itself to creating outdoor memorir Mr Mountain offers competitively priced outdoor equipment, technical apparel and footwear, as well as gunsmith, archery, ATV and marine services. The stores feature national and regional brands as well as the company's owned brand. Focused on a "We Live Outdoors(R)" culture, Gander Mountain dedicates itself to creating outdoor memories. There are currently 89 Gander Mountain outdoor lifestyle stores in 14 states.
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