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Published on 3/12/2018 in the Prospect News Distressed Debt Daily.

Gander Mountain reports $937,000 loss for most recent month

New York, March 12 – Gander Mountain Co. reported a net loss of $937,000 for the period from Dec. 31 to Feb. 7, according to the monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Minnesota.

The company had $27.61 million of cash at Feb. 7, an increase from $27.07 million as of Dec. 31.

Gander Mountain is a St. Paul, Minn.-based retail network of stores for hunting, fishing, boating, camping, marine and outdoor lifestyle products and services. The company filed for bankruptcy on March 10, 2017 under Chapter 11 case number 17-30673.


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