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Tag Archives: Cabela’s

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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Cabela’s announces earnings date for Q3 fiscal 2016 financial results

Cabela's Incorporated (NYSE:CAB) announced Friday it is scheduled to release third quarter 2016 financial results before the market opens on Thursday, Oct. 27, 2016. 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 ...

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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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Cabela’s Outdoor Fund makes $75,000 grant for fishing education

The Recreational Boating & Fishing Foundation (RBFF) announced Thursday that Cabela's Outdoor Fund has granted $75,000 to the George H.W. Bush Vamos A Pescar Education Fund. This grant will help to increase awareness of, and participation in fishing, boating and conservation activities through grassroots programs, classes and on-the-water activities held in high-density Hispanic communities. "We are encouraged by the strong ...

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Revenue up, income down for quarter at Cabela’s

Cabela’s Incorporated on Thursday reported financial results for the second quarter fiscal 2016. For the quarter, total revenue increased 11.2 percent to $929.9 million; revenue from retail store sales increased 13.3 percent to $644.9 million; Internet and catalog sales increased 3.3 percent to $141.3 million; and Financial Services revenue increased 8.1 percent to $135.1 million. During the period, adjusted for ...

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Cabela’s announces plans for two new stores

Cabela’s Incorporated (NYSE:CAB) announced today plans to expand its retail footprint and legendary shopping experience to two new locations: Albuquerque, N.M., and Chesterfield Township, Mich. Albuquerque Construction on the 70,000-square-foot store – the company’s first location in New Mexico – is expected to begin this year and Cabela’s anticipates a 2017 opening. The store will join the Legacy at Journal ...

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Cabela’s announces Q1 earnings, two new stores

Cabela’s Inc. on Thrusday reported financial results for first quarter fiscal 2016. For the quarter, total revenue increased 4.5 percent to $864.7 million; revenue from retail store sales increased 7.6 percent to $564.1 million; Internet and catalog sales decreased 10.2 percent to $155.7 million; and financial services revenue increased 14.6 percent to $140.8 million. During the period, adjusted for the ...

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Cabela’s COO Michael Copeland leaving company

Cabela’s Incorporated announced Thursday that Michael Copeland, executive vice president and chief operations officer, has decided to transition from his current position to a strategic advisory role. The transition will take place over the next month. Mr. Copeland joined Cabela’s in November 2007 as vice president of retail operations and has served as COO since 2010. “Cabela’s has been fortunate ...

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Same-store sales, income down for Cabela’s in 2015

Cabela’s Incorporated reported lower sales for 2015, but did increase revenue in the fourth quarter, the company announced Thursday. (See the full earnings announcement here.) For fiscal 2015, which ended January 2, net income was $204.7 million compared to $207.1 million last year, and earnings per diluted share were $2.88 compared to $2.88 a year ago, each adjusted for certain ...

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