Cabelas Inc (CAB) Releases Earnings Results, Misses Expectations By $-0.03 EPS

Cabelas Inc (CAB) reported quarterly earnings results on Thursday, Jul-28-2016. The company reported $0.59 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $0.62. The company posted revenue of $929.90 million in the period, compared to analysts expectations of $905.15 million. The company’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS.

Cabelas Inc closed down -2.34 points or -4.35% at $51.49 with 13,59,452 shares getting traded on Thursday. Post opening the session at $53.83, the shares hit an intraday low of $51.38 and an intraday high of $53.83 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Aug 21, 2015, Donna M Milrod (director) purchased 575 shares at $43.64 per share price. According to the SEC, 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.

Cabelas Inc

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