Revenue Update on Cabelas Inc(NYSE:CAB)

Cabelas Inc(NYSE:CAB) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $929.90M. Analysts estimated a revenue of $905.42M. Earnings per share were $0.59. Analysts had estimated an EPS of $0.61.

Cabelas Inc (CAB) shares turned negative on Thursdays trading session with the shares closing down -0.08 points or -0.16% at a volume of 2,80,252. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $51.64. The peak price level was also seen at $51.64 while the days lowest was $50.75. Finally the shares closed at $50.87. The 52-week high of the shares is $54.84 while the 52-week low is $33.03. According to the latest information available, the market cap of the company is $3,483 M.

Several Insider Transactions has been reported to the SEC. On Aug 21, 2015, Donna M Milrod (director) purchased 575 shares at $43.64 per share price.Also, On Apr 29, 2015, James F Wright (director) purchased 3,000 shares at $54.02 per share price.

Cabela’s Incorporated is a specialty retailer and a direct marketer of hunting fishing camping and related outdoor merchandise. The Company operates under the following segments: Retail Direct Financial Services and Corporate Overhead and Other. The Retail Business segment enables customers to access and use its retail stores Web and social media channels and catalogs. The Direct Business segment sells products through its e-commerce Websites and direct mail catalogs. The Financial Services Business segment provides customers with a rewards program. The Company’s products include merchandise and equipment for hunting fishing marine use and camping along with casual and outdoor apparel and footwear optics wildlife and land management products and services vehicle accessories and gifts and home furnishings among others.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Cabelas Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Cabelas Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.