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Tag: Tommy Millner

Cabela’s combination with Bass Pro Shops approved by Cabela’s shareholders

SIDNEY, Neb., 2017-Jul-14 — /EPR Retail News/ — Cabela’s Incorporated (NYSE: CAB) today announced that its shareholders have approved the previously announced combination of Cabela’s with Bass Pro Shops. The final vote results will be filed on a Form 8-K with the Securities and Exchange Commission. The transaction is expected to close in the third quarter of 2017,…

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Cabela’s Inc Experienced Challenging Traffic Patterns In Release of First Quarter 2017 Results

First Quarter GAAP Diluted EPS of $0.28 and Non-GAAP Diluted EPS of $0.40 Cabela’s CLUB® Avg. Receivables Grew 11.0% Consolidated Retail Comparable Store Sales Decreased 8.9% SD&A Expenses Decreased $1.3 Million to $327.9 Million on a GAAP Basis and Decreased $3.1 Million to $318.6 Million on a Non-GAAP Basis SIDNEY, Neb., 2017-May-08…

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Cabela’s enters into agreements with Synovus Financial Corp and Capital One for the sale of assets and liabilities of World’s Foremost Bank

Synovus Bank to Acquire Assets and Deposits of World’s Foremost Bank; Capital One to Acquire Credit Card Assets and Related Liabilities and Become Long-term Cabela’s Credit Card Issuing Partner Cabela’s Shareholders to Receive $61.50 Per Share Under Amended Bass Pro Shops Merger Agreement Transaction Expected to Close in Third Quarter of 2017 Subject…

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Cabela’s expands its presence in Texas with the opening of its new store in El Paso

SIDNEY, Neb., 2016-Oct-31 — /EPR Retail News/ — Cabela’s Incorporated (NYSE:CAB), the World’s Foremost Outfitter® of hunting, fishing and outdoor gear, announced today (Oct. 27, 2016) it will expand its presence in Texas by bringing the company’s unique retail experience and new store design to El Paso. The store will join the new West Towne Marketplace…

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Bass Pro Shops to acquire Cabela’s for $5.5 billion

SPRINGFIELD, Mo. & SIDNEY, Neb., 2016-Oct-04 — /EPR Retail News/ — Bass Pro Shops and Cabela’s Incorporated (NYSE:CAB), two iconic American outdoor companies with similar humble origins, and with a shared goal to better serve those who love the outdoors, today (Oct. 3, 2016) announced that they have entered into a definitive agreement under which Bass…

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Cabela’s Incorporated to release fourth quarter and full fiscal year 2015 financial results on Thursday, February 18, 2016

SIDNEY, Neb., 2016-Feb-02 — /EPR Retail News/ — Cabela's Incorporated (NYSE:CAB) announced today it is scheduled to release fourth quarter and full fiscal year 2015 financial results before the market opens on Thursday, February 18, 2016. A conference call to discuss the results will be held at11:00 a.m. ET that same morning. The call will be…

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Cabela’s to explore and evaluate a wide range of strategic alternatives to further enhance shareholder value

SIDNEY, Neb., 2015-12-4 — /EPR Retail News/ — Cabela’s Incorporated (NYSE:CAB) today announced that its Board of Directors is initiating a process to explore and evaluate a wide range of strategic alternatives to further enhance shareholder value. “We continue to believe that our Vision 2020 strategy will position Cabela’s to be the world’s best omni-channel retailer, while…

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Cabela’s 3Q fiscal 2015: total revenue increased 4.6% to $926.5 million

Adjusted Third Quarter Diluted EPS of $0.71 Total Revenue Increased 4.6% to $926.5 Million U.S. Comp Store Sales Decreased 3.3%, Consolidated Comp Store Sales Decreased 4.2% Cabela’s CLUB® Avg. Receivables Grew 13.9% and Charge-Offs Remained at Record Low Levels Restructuring Initiatives Expected to Reduce Operating Expenses as a Percentage of Total Revenue by 75 to…

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Cabela’s Board of Directors authorized the Company to repurchase up to $500 million of its common stock over a two-year period

SIDNEY, Neb., 2015-9-2 — /EPR Retail News/ — Cabela’s Incorporated (NYSE:CAB) announced today that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to $500 million of its common stock over a two-year period. This authorization is in addition to the two million share repurchase authorization approved in April 2015…

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