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Article Date: August 2019
Word Count: 348

Gander Comps Fall in Q2, as Inventory Cuts are Planned


Camping World net income was down 27% to $18,017,000 from $24,782,000 in the second quarter as total revenue increased 2% to $1,474,347,000 from $1,441,477,000. The products, service and other segment, which includes Gander Outdoors and other sporting goods banners, posted a 6% revenue gain to $264.4 million, but its gross profit decreased 6% to $95.8 million. Segment comps were down 10.8% to $144.9 million. Gander locations stocking RVs have shown promising performance, with crossover identified in the RV and non-RV product customers, it said.

 

CWH is the process of determining which locations are going to move forward, which can consolidate in ... Log in to view full article.

 


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