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Updated from 11:41 a.m.
Shares of Gander Mountain (GMTN Quote) were among the Nasdaq's losers Friday, falling 16.5% after the company trimmed guidance.
The outdoor specialty retailer now expects pretax income of $2 million to $4 million, down from previous guidance of $8 million to $13 million. Sales are now expected to be between $640 million and $645 million. Previously, the company expected sales of $640 million to $670 million. The company also expects same-store sales to decline 2% to 3%. Previously, Gander had forecast a decline of 1% to 3%. ...
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