Northcoast Research Downgrades Cabela's (CAB) to Neutral
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Cabela’s Inc. Announces Third Quarter 2015 Results and Outlines Corporate Restructuring Initiative
October 22, 2015 6:30 AM EDT- Adjusted Third Quarter Diluted EPS of $0.71
- Total Revenue Increased 4.6% to $926.5 Million
- U.S. Comp Store Sales Decreased 3.3%, Consolidated Comp Store Sales Decreased 4.2%
- Cabelas CLUB® Avg. Receivables Grew 13.9% and Charge-Offs Remained at Record Low Levels
- Restructuring Initiatives Expected to Reduce Operating Expenses as a Percentage of Total Revenue by 75 to 150 Basis Points Over the Next Three Years
SIDNEY, Neb.--(BUSINESS WIRE)-- Cabelas Incorporated (NYSE: CAB) today reported financial results for third quarter fiscal 2015.
For the quarter,... More
