cabela's inc (CAB) Key Developments
Cabela's Incorporated Provides Earnings Guidance for the Fiscal Year 2015
Apr 23 15
Cabela's Incorporated provided earnings guidance for the fiscal year 2015. The company reaffirmed expectations for a low double-digit growth rate in revenue and a high single to low double-digit growth rate in diluted earnings per share for full year 2015 as compared to full year 2014 non-GAAP diluted earnings per share of $2.88. The company expects full year 2015 capital expenditures to be between $425 million and $475 million. Cash flow from operations is expected to be between $275 million and $325 million for 2015. Full year 2015 effective tax rate is expected to be between 35.5% and 36.5%.
Cabela's Incorporated Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 28, 2015
Apr 23 15
Cabela's Incorporated reported unaudited consolidated earnings results for the first quarter ended March 28, 2015. For the quarter, the company reported operating income of $44,533,000 against $40,853,000 for the same period a year ago. Income before provision for income taxes was $42,499,000 against $39,270,000 for the same period a year ago. Net income was $26,774,000 or $0.37 diluted per share against net income of $25,749,000 or $0.36 diluted per share for the same period a year ago. Total revenue was $827,076,000 against $725,823,000 for the same period a year ago.
Cabela's Incorporated Appoints James F. Wright to Board of Directors
Apr 16 15
Cabela's Incorporated announced that James F. Wright has been appointed to its Board of Directors. Mr. Wright served as Executive Chairman of Tractor Supply Company from January 2013 through December 2013.
Cabela's Incorporated Plans to Open New Store in Abbotsford, British Columbia
Apr 13 15
Cabela's Incorporated has announced plans to open a new store in Abbotsford, British Columbia. Upon receiving final approval and permits from the city of Abbotsford and the British Columbia Ministry of Transportation and Infrastructure, Cabela's could begin construction in 2015, and would anticipate a fall 2016 opening. The proposed store site is located at 1880 McCallum Road in the newly planned McCallum Junction development off Exit 90 of Trans-Canada Highway 1. McCallum Junction Properties Inc. is the developer. Cabela's would expect to employ approximately 160 full-time, part-time and seasonal employees at the store, most of whom would come from Abbotsford and the surrounding area. Upon opening, it would become Cabela's second location in British Columbia, joining the 50,000-square-foot Nanaimo store opened in 2014. The 70,000-square-foot store would be built in Cabela's new-format layout, designed to offer customers an enjoyable, outdoor-like experience with log construction, stonework, wood siding, a large mountain replica, an aquarium and dozens of museum-quality wildlife displays. In addition to thousands of quality outdoor products, the store would include an indoor archery range and archery tech room, Bargain Cave and fudge shop. Additionally, the store's staff would host educational seminars and demonstrations, offering tips and insights on outdoor products and activities. Cabela's Canada was established in 2007 with a store and headquarters for Canadian operations in Winnipeg, Manitoba. The company also has announced plans to open stores in Moncton, New Brunswick, in summer 2015; Calgary, Alberta, in fall 2015; and Ottawa, Ontario, in spring 2016.
Cabela's Incorporated to Report Q1, 2015 Results on Apr 23, 2015
Apr 3 15
Cabela's Incorporated announced that they will report Q1, 2015 results at 11:00 AM, US Eastern Standard Time on Apr 23, 2015