Cabela's (CAB) Misses Q4 EPS by 17c

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Cabela's Inc. Announces Fourth Quarter and Full Year 2016 Results

February 16, 2017 6:30 AM EST

- Fourth Quarter GAAP Diluted EPS of $0.84 and Non-GAAP Diluted EPS of $1.05

- Cabelas CLUB® Avg. Receivables Grew 13.3%

- Consolidated Retail Comparable Store Sales Decreased 6.5% on a Shift-Adjusted Calendar Basis

- Solid Cabelas CLUB Performance, Despite $15.8 Million Increase in Loan Loss Reserve vs. $9.9 Million LY

- Fourth Quarter Effective Tax Rate Increased to 44.9% as Compared to 36.1% a Year Ago Primarily Due to Certain Acquisition Costs, Shift in Source of Income, and State Income Taxes

SIDNEY, Neb.--(BUSINESS WIRE)--... More