Cabela's Inc. Reports Q2 Results
For the quarter, total revenue increased 20.7% to $756.8 million; Retail
store revenue increased 25.8% to $483.9 million; Direct revenue increased 13.7%
to $180.1 million; and Financial Services revenue increased 11.7% to $88.6
million. Comparable store sales increased 10.5%. For the quarter, net income
increased 31.5% to $44.5 million compared to $33.9 million in the year ago
quarter, and earnings per diluted share were $0.62 compared to $0.47 in the
year ago quarter. Year to date cash flows from operations were $183 million
compared to $70 million for the same period a year ago.