Cabela’s Q3 profit, sales rise
Cabela’s reported Tuesday that net income for the third quarter increased 5 percent to $19.7 million, compared with net income of $18.8 million in the year-ago period. Total revenue rose 3.9 percent to $643 million. Retail store revenue increased 6 percent to $369 million, while direct revenue decreased 1.1 percent to $219 million. Same-store sales for the period increased 2.4 percent.