Cabela's revenue up 4.4% in Q2

Share this content:
Cabela's Inc. reported revenue for the second quarter increased 4.4% for a total of $549.2 million. Comparable-store sales increased 6.1% during the same period and financial services revenue increased 15.4%. Direct revenue, however, decreased 3.6% for a total of $199.5 million.

Net income for the second quarter totaled $9.1 million, or $0.14 per diluted share, compared to $7.3 million, or $0.11 per diluted share, in the second quarter of 2008.

“We continue to gain momentum in the hunting equipment category, as we take market share from our competitors and leverage our multichannel model to provide our customers with a great value proposition,” said Tommy Millner, CEO at Cabela's, in a statement.

He added that the company's “efforts to improve merchandise margins and operating efficiencies led to higher operating margin in both our direct and retail segments” during the second quarter.

Also, following a real estate review, the company has decided not to build a store in Greenwood, IN.
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above