Thu, Jul. 23, 8:34 AM
- Cabela's (NYSE:CAB) reports consolidated comparable-store sales fell 0.9% in Q2.
- Retail store revenue was 13.9% higher to $570M, while direct revenue fell 7% to $137M.
- Strong demand for powersports, firearms, and ammunition helped to offset softness with some goods and apparel categories.
- An increase in promotional activity contributed to a 120 bp drop in Cabela's merchandise gross margin.
- Guidance: The company backs previous guidance for low-double-digit revenue growth and a high-single to low-double-digit EPS growth.
- Previously: Cabela's misses by $0.06, misses on revenue
- CAB -2.55% premarket to $50.40.
Thu, Feb. 12, 9:15 AM| Thu, Feb. 12, 9:15 AM | 5 Comments
Wed, Jan. 7, 1:29 PM
- Sporting goods chains trade higher after a report on Dick's Sporting Goods going private throws a spotlight on the sector.
- Big Five Sporting Goods (BGFV +3.1%), Hibbert Sports (HIBB +3.9%), and Cabela's (CAB +3.5%) are all well ahead of market averages.
- Previously: Dick's surges on going-private speculation
Oct. 23, 2014, 12:45 PM
Oct. 23, 2014, 8:19 AM
- Cabela's (NYSE:CAB) reports comparable-store sales fell 11.2% in Q3.
- Retail store revenue +8.7% to $598.7M.
- Financial services revenue +10.9% to $109.1M.
- Operating margin +160 bps to 10.6%.
- New stores significantly out-performed legacy stores during the period.
- Lower demand for guns and ammunition than a year ago factored into results.
Aug. 27, 2014, 8:31 AM
May 20, 2014, 10:06 AM
- Dick's Sporting Goods (DKS -16.1%) sinks to near a two-year low in a shocking drop after the company resets sales and profit expectations.
- Though the company has a vibrant e-commerce channel, its massive retail footprint keeps scale an issue on the cost side. Weak demand for golf and hunting products also caught analysts by surprise.
- The read from Dick's is creating a selling wave across the sporting goods sector.
- Decliners: Cabela's (CAB) -5.4%, Big 5 Sporting Goods (BGFV) -3.7%, Hibbett Sports (HIBB) -2.2%, Callaway (ELY) -4.7%, Nautilus (NLS) -1.9%.
Apr. 24, 2014, 8:34 AM
- Cabela's (CAB) showed lower sales in Q1 as it ran into a tough comparable from the year-ago period.
- The company reports comparable store sales fell 21.7% as demand for firearms and ammunition was significantly lower than last year when gun legislation was a hot topic.
- Merchandise margin fell 120 bps as Cabela's tested promotions in some key categories.
- CAB -3.6% premarket
Feb. 13, 2014, 9:55 AM
- Cabela's (CAB -12.6%) sinks after its Q4 report disappoints as store traffic suffered during the period.
- Comparable-store sales fell 10.1% as last year's Q4 included a rush of ammunition demand post-Newtown.
- Merchandise margin increased 40 bps to 36.6%.
- Guidance from the company comes in below expectations.
Feb. 13, 2014, 9:13 AM| Feb. 13, 2014, 9:13 AM | 1 Comment
Dec. 11, 2013, 10:02 AM
- Smith & Wesson (SWHC +5%) trades higher following its FQ2 report and early look at FQ3 projections.
- Execs with the company say they expected the big drop in November for NCIS background checks, a trend they see continuing through May of next year. They note the upcoming comparables run up against an enormous period of demand and they still see industry trends as positive.
- Related stocks RGR, CAB.
- Earnings call transcript
Oct. 24, 2013, 8:38 AM
Sep. 17, 2013, 2:51 PM
- Sturm Ruger (RGR +2.4%), Cabela's (CAB +1.5%), and Smith & Wesson (SWHC +2.7%) trade higher after the stocks fell back in response to a mass shooting at the Washington D.C. Navy Yard yesterday.
- Some early reaction to the tragedy is focused on the suspect's history of mental illness, although calls for stricter gun control laws are also part of the debate.
- A broader theme in the weapons manufacturing sector is the trend toward slowing demand. Earlier this month, Smith & Wesson issued guidance for Q3 revenue which fell below the consensus estimate of analysts.
Jul. 30, 2013, 3:33 PM
- Cabela's (CAB +2.2%) trades higher following a bullish call from Jim Cramer on last night's episode of Mad Money. "For guns, I'm going to own CAB," Cramer said.
- The stock is up nearly 3% since the company reported Q2 earnings last week (comps growth came in at 10.5% for the quarter) and has benefited recently from a couple of bullish write-ups from CNBC and Businessweek.
Apr. 25, 2013, 1:28 PMRetail industry insiders are impressed with Cabela's (CAB) beyond just the rush of sales linked to the ongoing debate on gun control. Management has done a cracking job with execution and instilling brand loyalty - witnessed to a degree by the company boasting the highest percentage (95%) in retail of shoppers that use an in-store credit card for outside purchases. Cabela's shares are up 14.4% on the day and 54% YTD with bulls still maintaining the chain is nowhere near a point of saturation in the U.S. | Apr. 25, 2013, 1:28 PM | Comment!
Apr. 25, 2013, 9:12 AM
CAB vs. ETF Alternatives
Cabela's Inc is a specialty retailer and a direct marketer of hunting, fishing, camping, and related outdoor merchandise. The Company operates in two segment retail and direct segments. It also issue the Cabela's CLUB Visa credit card.
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