Cabela’s Q1 profit up on strong sales
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
Sidney, Neb. -- Cabela's said Thursday that stronger revenue helped its fiscal first-quarter profit more than double from results weighed down by a hefty charge a year ago. The reported net income of $17.8 million in the three months ended April 2, up from $8.1 million a year earlier. The year-ago period included an $11.9 million charge related to a 2009 FDIC compliance examination. Revenue increased 5% to $586.7 million, from $559.6 million. Same-store sales rose 8.9%. In a statement, CEO Tommy Millner sales rose at each of the company's 29 stores open at least a year -- the
0 Comments
View Comments
- People:
- Tommy Millner
- Places:
- Sidney, Neb.
Related Content
Comments