Cabela's Inc. (NYSE:CAB) reported quarterly earnings this morning. There are three major points to know:
Overall, I was fairly happy with the call and the performance of the new stores, which supports the long-term growth plan of the company. The guns and ammo commentary is alarming, especially since the company will now start comping strong performance in this segment, but I think part of this has been priced in with the recent sell-off. I recently recommend that investors should buy the stock at its current levels, and still reiterate this...
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