Cabela's (CAB) Misses Q2 EPS by 8c

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Cabela’s Inc. Announces Second Quarter 2017 Results

August 3, 2017 6:30 AM EDT

- Second Quarter GAAP Diluted EPS of $0.41 and Non-GAAP Diluted EPS of $0.53

- Cabelas CLUB® Avg. Receivables Grew 9.2%

- Consolidated Retail Comparable Store Sales Decreased 9.3%

- Merchandise Gross Margin Decreased 20 Basis Points to 32.7%

SIDNEY, Neb.--(BUSINESS WIRE)-- Cabelas Incorporated (NYSE: CAB) today reported financial results for the second quarter fiscal 2017.

For the quarter, on a GAAP basis, total revenue decreased 4.2% to $890.4 million, revenue from retail store sales decreased 6.7% to $601.7 million, Internet and catalog sales decreased 3.9% to $135.7 million, and Financial Services revenue... More