Earnings Cheat Sheet: Cabela’s Inc. Shares Rocket on Record Revenue
Wall Street Cheat Sheet submits: The demand for sporting goods is sill in tact. This morning, Cabela’s (CAB), a retailer and direct marketer of hunting, fishing, camping apparel and equipment, reported third quarter numbers. Investors and Wall Street analysts were impressed with Sidney, NE-based company’s upside surprise as shares are surging higher following today’s report. Here’s the brief earnings breakdown: Earnings: Reported $.31 per share for the third quarter, or an 72% jump in profits over the same quarter a year ago.Complete Story »
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