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Outdoor retailer Cabela's Inc reports 12% rise Q3 revenue
28 Oct '05
3 min read
Highby continued, 'During the quarter, they announced plans for three new destination retail locations, including Richfield, Wisconsin (near Milwaukee), and La Vista, Nebraska (near Omaha), both expected to open in 2006, as well as East Hartford, Connecticut, which is expected to open in 2007. They look forward to bringing the Cabela's experience to New England, while at the same time further building their presence in the Midwest.'
Highby concluded, 'They remain confident about their leadership position in the industry and their ability to drive long-term growth and increased profitability. They have a powerful brand, a compelling business model and significant opportunities for retail expansion across the country. As they move forward into next year, they remain focused on effectively executing their long-term strategic plan and growing revenue and net income at a mid- teens growth rate.'
A conference call to discuss third quarter fiscal 2005 operating results is scheduled for (Thursday, October 27, 2005) at 4:30 PM Eastern Time.
Headquartered in Sidney, Nebraska, Cabela's Incorporated is the nation's largest direct marketer, and a leading specialty retailer, of hunting, fishing, camping and related outdoor merchandise. Since the Company's founding in 1961, Cabela's has grown to become one of the most well-known outdoor recreation brands in the United States, and has long been recognized as the World's Foremost Outfitter.
Through Cabela's well-established direct business and its growing number of destination retail stores, it offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela's also issues the Cabela's Club VISA credit card through which it offers a related customer loyalty rewards program as a vehicle for strengthening its customer relationships.
Highby concluded, 'They remain confident about their leadership position in the industry and their ability to drive long-term growth and increased profitability. They have a powerful brand, a compelling business model and significant opportunities for retail expansion across the country. As they move forward into next year, they remain focused on effectively executing their long-term strategic plan and growing revenue and net income at a mid- teens growth rate.'
A conference call to discuss third quarter fiscal 2005 operating results is scheduled for (Thursday, October 27, 2005) at 4:30 PM Eastern Time.
Headquartered in Sidney, Nebraska, Cabela's Incorporated is the nation's largest direct marketer, and a leading specialty retailer, of hunting, fishing, camping and related outdoor merchandise. Since the Company's founding in 1961, Cabela's has grown to become one of the most well-known outdoor recreation brands in the United States, and has long been recognized as the World's Foremost Outfitter.
Through Cabela's well-established direct business and its growing number of destination retail stores, it offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela's also issues the Cabela's Club VISA credit card through which it offers a related customer loyalty rewards program as a vehicle for strengthening its customer relationships.
Cabela's Inc
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