GANDER MOUNTAIN INKS DEAL WITH GENMAR BOATS
Gander Mountain Company and Genmar Holdings, Inc. announced an agreement to sell and rent several Genmar boat lines at select Gander Mountain stores. Gander Mountain is a licensed retailer of Yamaha outboard motors, and also sells and services Arctic Cat and Kolpin brand ATVs.
Gander Mountain plans to sell three lines of boats: the Stratos and Champion 17-foot to 21-foot fishing boats featuring Yamaha engines; and Seaswirl 17-foot to 23-foot runabouts, deckboats, bowriders and fish-n-skis featuring Volvo-Penta engines. Additionally, some stores will offer rental of Triumph boats, including both fishing and family runabout models in various sizes.
Gander Mountain says it will leverage its existing ATV service centers to accept boat trade-ins and offer retail financing and service.
Gander Mountain currently operates 82 stores in 14 states, and expects total revenue for the 2004 fiscal year to be in the range of $640 million to $645 million, an increase of approximately 31% over revenue of $489 million during 2003.
MARK HAHN CHARITY RACE
The Mark Hahn Memorial Havasu 300 Team Race, a 300-lap race hosted by Bullett Racing, is scheduled to take place March 5.
Well-known PWC photographer Ralph Campos, one of the sport's mainstays since the 1980s, recently passed away at the age of 46. He will be missed by many.