Cabela's (CAB) Tops Q1 EPS by 5c; Says Strategic Alternatives Process 'Ongoing'

Cabela's (NYSE: CAB) reported Q1 EPS of $0.43, $0.05 better than the analyst estimate of $0.38. Revenue for the quarter came in at $864.7 million versus the consensus estimate of $892.18 million.

Internet and catalog sales decreased 10.2% to $155.7 million; and Financial Services revenue increased 14.6% to $140.8 million. During the period, adjusted for the shift in weeks, U.S. comparable store sales decreased 3.8% and consolidated comparable store sales decreased 4.3%.

On December 2, 2015, the Company issued a press release announcing that its Board of Directors was initiating a process to explore and evaluate a wide range of strategic alternatives to enhance value for the Company’s shareholders. That process has continued and is ongoing.

For earnings history and earnings-related data on Cabela's (CAB) click here.

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