Gander Outdoors Targets $400 Million in 2018 Sales
Parent Camping World Holdings sees that number coming from 72 Gander stores and the Overton’s, TheHouse.com, Uncle Dan’s, Erehwon and W82 businesses which comprise its Outdoor and Active Sports Retail segment. It expects to incur about $30 million in store opening expenses, with the segment dragging on EBITDA in H1 but turning accretive in H2. After opening two Gander stores in Dec., the openings have continued into Q1 and all 72 planned openings are set to be complete by mid-June. CWH said it was pleased with the early returns from the acquired retailers, with conversions to its Good Sam Club ... Log in to view full article.