Cabela's (CAB) Misses Q3 EPS by 2c

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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