Gander Mountain Cuts Losses

Gander Mountain Co. posted a net loss of $4.9 million for the second quarter, compared to a net loss of $9.7 million in the prior year.

The direct marketer and retailer reported sales of $252.9 million for the quarter ended Aug.2, , an increase of 16.8% over $216.5 million last year.

Management attributed these results in part to the company