- Raymond James warns on downside risk to Cabela's (CAB -1.4%) if the deal with Bass Pro Shop doesn't make it to the finish line. The firm suggests a drop in share price to $25 to $30 under that dark scenario, compared to today's share price of $55.50.
- Cabela's reported Q2 revenue short of the consensus estimate by about $18M earlier today.
- Source: Bloomberg
- Previously: Caleba's preps to operate as part of Bass Pro Shops (July 31)
- Previously: Cabela's misses by $0.08, misses on revenue (Aug. 3)