Cabela’s Incorporated reported financial results for the second quarter fiscal 2017. For the quarter, on a GAAP basis, total revenue decreased 4.2 percent to $890.4 million, revenue from retail store sales decreased 6.7 percent to $601.7 million, internet and catalog sales decreased 3.9 percent to $135.7 million, and financial services revenue increased 9.0 percent to $147.2 million. For the quarter, comparable store sales decreased ...
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Cabela’s Inc. announces Q2 2017 financial results earnings date
Cabela's Incorporated (NYSE:CAB) announced it is scheduled to release second quarter 2017 financial results before the market opens on Thursday, Aug. 3. 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 by Bass Pro ...
Read More »Cabela’s stockholders approve combination with Bass Pro Shops
Cabela’s Incorporated (NYSE: CAB) announced that its shareholders have approved the previously announced combination of Cabela’s with Bass Pro Shops. The final vote results will be filed on a Form 8-K with the Securities and Exchange Commission. The transaction is expected to close in the third quarter of 2017, subject to regulatory approvals and customary closing conditions. “We are pleased ...
Read More »Cabela’s announces Q1 2017 results
Cabela’s Incorporated (NYSE:CAB) reported financial results for the first quarter fiscal 2017. For the quarter, on a GAAP basis, total revenue decreased 3.4 percent to $834.9 million, revenue from retail store sales decreased 3.9 percent to $542.0 million, internet and catalog sales decreased 12.6 percent to $136.1 million, and financial services revenue increased 6.5 percent to $150.0 million. For the ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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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