Tag Archives: Bass Pro Shops

Bass Pro Shops to pay less for Cabela’s under new terms

Bass Pro Shops will pay about $500 million less for Cabela's under the new terms of the companies' merger agreement announced Monday. Under the Amended Merger Agreement, Bass Pro Shops will acquire Cabela’s for $61.50 per share in cash, representing an aggregate transaction value of approximately $5.0 billion. Cabela’s Board of Directors unanimously approved the transaction, which is expected to ...

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Cabela’s announces Q4 and full year 2016 results

Cabela’s Incorporated (NYSE:CAB) reported financial results for the fourth quarter and fiscal year ended Dec. 31, 2016. As previously disclosed, the company’s fourth fiscal quarter and fiscal year ended Dec. 31, 2016, included 13 weeks and 52 weeks, respectively, while its fourth fiscal quarter and fiscal year ended Jan. 2, 2016, included 14 weeks and 53 weeks, respectively. For the ...

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Cabela’s to release Q4 and full year fiscal 2016 results Feb. 16

Cabela's Incorporated (NYSE:CAB) announced it is scheduled to release fourth quarter and full year 2016 financial results before the market opens on Thursday, Feb. 16. Cabela’s will not host a conference call with analysts and investors or provide guidance in connection with the results and does not plan to do so for future quarters while the acquisition of the company ...

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Bass Pro Shops donates $50,000 to George H.W. Bush Vamos A Pescar Education Fund

The Recreational Boating & Fishing Foundation (RBFF) announced Thursday that Bass Pro Shops is continuing its support of the George H.W. Bush Vamos A Pescar Education Fund with a $50,000 donation. This donation will help to increase awareness of, and participation in, fishing, boating and conservation activities through grassroots educational programs and on-the-water activities held in high-density Hispanic communities. "It's ...

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Higher revenue, lower income for Cabela’s in Q3 2016

Cabela’s Incorporated reported financial results for third quarter fiscal 2016 on Wednesday, accelerating the timing of its earnings press release so that it could provide financial information to certain third parties in connection with the pending acquisition of the company by Bass Pro Shops. For the quarter, total revenue increased 7.6 percent to $996.5 million; revenue from retail store sales ...

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Weekly 5: NMMA urges Congress to act on E15

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. NMMA sends letter to Congress on E15 The National Marine Manufacturers Association and a coalition of small engine manufacturers and consumer have sent a letter to Congress calling ...

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Bass Pro Shops to acquire Cabela’s

Bass Pro Shops will acquire competitor Cabela’s Incorporated, the two companies announced Monday. Bass Pro Shops will acquire Cabela’s for $65.50 per share in cash, representing an aggregate transaction value of approximately $5.5 billion. In addition, upon closing Bass Pro Shops will commence a multi-year partnership agreement with Capital One, National Association, a wholly-owned national banking subsidiary of Capital One ...

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Bass Pro Shops partners with UTI on technician training

Universal Technical Institute (UTI) announced a three-year agreement with Bass Pro Shops to supply boats and accessory equipment to support the marine technician training program at UTI's Marine Mechanics Institute (MMI) campus in Orlando. Through the agreement, Bass Pro Shops will supply seven fully loaded boats and related accessory equipment for use as training aids and will collaborate with MMI ...

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Bob Ziehmer joins Bass Pro Shops as senior director of conservation

Bob Ziehmer has been named senior director of conservation for Bass Pro Shops and lead director of the Johnny Morris Foundation. Ziehmer brings more than 25 years of experience managing significant conservation programs ranging from habitat restoration to outdoor education initiatives at the Missouri Department of Conservation (MDC), where he has served as director for the past six-and-a-half years. “Bass ...

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Bass Pro ‘deeply committed’ to Fishing Holding brands in wake of resignations

Several top executives at Fishing Holdings resigned during the Thanksgiving week, but owner Bass Pro Group remains "deeply committed" to the brands, the company said. Fishing Holdings president and CEO Randy Hopper, vice president of sales Keith Daffron and vice president of finance Mendel Hughes all abruptly resigned effective Nov. 23. Fishing Holdings includes the Ranger, Stratos and Triton brands. "Last ...

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