Content about Cabela’s Inc.

March 31, 2014

Cabela’s Inc. has renewed a variable funding facility with Royal Bank of Canada for an additional three years and the commitment under the variable funding facility has increased from $350 million to $500 million.

Sidney, Neb. -- Cabela’s Inc. has renewed a variable funding facility with Royal Bank of Canada for an additional three years and the commitment under the variable funding facility has increased from $350 million to $500 million. The variable funding facility relates to an outstanding series of variable funding notes issued by Cabela’s Credit Card Master Note Trust.

March 20, 2014

Cabela’s Incorporated plans to open a store in Noblesville, Ind., serving the greater Indianapolis area.

Sidney, Neb. -- Cabela’s Incorporated plans to open a store in Noblesville, Ind., serving the greater Indianapolis area. Construction is scheduled to begin later in 2014 and the store is expected to open in fall 2015.

The 80,000-sq.-ft. store will be located in the new Saxony Campus development adjacent to Hamilton Town Center. It will be Cabela’s second Indiana store, joining the Hammond location opened in 2007, and is expected to employ approximately 170 full-time and part-time employees.

February 18, 2014

Richard N. Cabela, co-founder and chairman emeritus of the $3.6 billion, outdoor outfitters chain, Cabela’s Inc., died Monday at his home in Sidney, Neb.

Sidney, Neb. -- Richard N. Cabela, co-founder and chairman emeritus of the $3.6 billion, outdoor outfitters chain, Cabela’s Inc., died Monday at his home in Sidney, Neb. No cause was given. He was 77.  

Cabela served as chairman of the board until June 2013, when he transitioned to chairman emeritus and his brother, Jim Cabela, became chairman.

February 13, 2014

Cabela’s Inc. plans to enter three new markets in 2015 and 2016. The retailer will open new stores in Ammon, Idaho; Short Pump, Va.; and Fort Oglethorpe, Ga.

Sidney, Neb. — Cabela’s Inc. plans to enter three new markets in 2015 and 2016. The retailer will open new stores in Ammon, Idaho; Short Pump, Va.; and Fort Oglethorpe, Ga.

February 5, 2014

Cabela’s Inc. has named Donna M. Milrod to its board of directors.

Sidney, Neb. - Cabela’s Inc. has named Donna M. Milrod to its board of directors. Milrod has been the chief administrative officer of The Depository Trust & Clearing Corporation (DTCC) since October 2012, with responsibilities for DTCC’s finance, operations, regulatory relations, business continuity, vendor management, and security functions.

November 12, 2013

Cabela’s Inc. announced today plans to open a store in Moncton, New Brunswick, Canada.

Sidney, Neb. -- Cabela’s Inc. announced today plans to open a store in Moncton, New Brunswick, Canada.

The 50,000-sq.-ft. is scheduled to open in 2015, and will be located in a new development being developed by Cordova Realty. It will be Cabela’s first location in the greater Atlantic Canada area.

October 24, 2013

Cabela’s Inc. announced plans to enter three new markets – Nanaimo, British Columbia, Canada; Garner, N.C.; and Sun Prairie, Wis.

Sidney, Neb. -- Cabela’s Inc. announced  plans to enter three new markets – Nanaimo, British Columbia, Canada; Garner, N.C.; and Sun Prairie, Wis.

Construction on Cabela’s 100,000-sq. ft. Garner store – its first North Carolina location – is scheduled to begin next summer. The store is expected to open in spring of 2015.

September 10, 2013

Cabela’s Inc. has seen improvement in throughput and saved on operating costs since implementing the use of Seegrid’s unmanned robotic pallet trucks at its Wheeling, W.Va., distribution center in July 2010.

Pittsburgh – Cabela’s Inc. has seen improvement in throughput and saved on operating costs since implementing the use of Seegrid’s unmanned robotic pallet trucks at its Wheeling, W.Va., distribution center in July 2010. The retailer has used Seegrid robots to reduce manned long haul transports, handle a high variety of product flow and provide flexibility to change routes.

August 19, 2013

Cabela’s Inc. announced that its Cabela’s Credit Card Master Note Trust successfully completed the sale of $350 million of Asset-Backed Notes, Series 2013-II.

SIDNEY, Neb. — Cabela’s Inc. announced that its Cabela’s Credit Card Master Note Trust successfully completed the sale of $350 million of Asset-Backed Notes, Series 2013-II.

July 25, 2013

Cabela’s Inc. on Thursday announced it will open four new markets in 2014: Acworth, Ga., Augusta, Ga.; Missoula, Mont.; and Barrie, Ontario (Canada). The outdoor goods retailer also reported that its second-quarter net income surged 31% on a 10.5% rise in same-store sales.

Sidney, Neb. -- Cabela’s Inc. on Thursday announced it will open four new markets in 2014:  Acworth, Ga., Augusta, Ga.; Missoula, Mont.; and Barrie, Ontario (Canada).  The outdoor goods retailer also reported that its second-quarter net income surged 31% on a 10.5% rise in same-store sales. 

June 5, 2013

Cabela’s Inc. continues to expand East with plans to open its stores in the states of New York and Massachusetts.

Sidney, Neb. -- Cabela’s Inc. continues to expand East with plans to open its stores in the states of New York and Massachusetts.

The hunting, fishing, camping and related outdoor merchandise retailer will open an 88,000-sq.-ft. store in the Buffalo suburb of Cheektowaga, N.Y., in fall 2014, and a similarly sized one in the Boston suburb of Berlin, in spring 2015. The exteriors of both locations will reflect Cabela’s signature log construction, stonework, wood siding, metal roofing and a large glass storefront.

April 25, 2013

Cabela’s Inc. announced plans to open two new locations, with one in Tualatin, Ore., and the other in the north Edmonton, Alberta, Canada, area.

Sidney, Neb. -- Cabela’s Inc. announced plans to open two new locations, with one in Tualatin, Ore., and the other in the north Edmonton, Alberta, Canada, area.
 
Construction is scheduled to begin this summer on the Canadian outpost, with a spring 2014 opening planned. The 50,000-sq.-ft. store will be located in the Manning Town Centre in north Edmonto.
 

February 14, 2013

Cabela’s Inc. announced plans to open a 42,000-sq.-ft. Cabela’s Outpost store in Waco, Texas.

Sidney, Neb. -- Cabela’s Inc. announced plans to open a 42,000-sq.-ft. Cabela’s Outpost store in Waco, Texas.

Construction is scheduled to begin this spring and doors are expected to open this fall. It will be the company’s fourth store in Texas, joining the Fort Worth, Buda and Allen locations.

January 15, 2013

Cabela’s Inc. announced plans for two new stores, one in Greenville, S.C., and the other in Woodbury, Minn.

Sidney, Neb. -- Cabela’s Inc. on Tuesday announced plans for two new stores, one in Greenville, S.C., and the other in Woodbury, Minn.

Cabela’s expects to open the Greenville store – its first South Carolina location – in spring 2014. The 100,000-sq.-ft. store will be located in Magnolia Park, a newly redeveloped shopping center.

October 25, 2012

Cabela’s Inc. said Thursday that its net income rose 28% in the third quarter, in line with expectations, as the outdoor sporting goods retailer's smaller store format outperformed its larger, standard format.

Sidney, Neb. – Cabela’s Inc. said Thursday that its net income rose 28% in the third quarter, in line with expectations, as the outdoor sporting goods retailer's smaller store format outperformed its larger, standard format.

September 27, 2012

Cabela’s Inc. said it will open a Cabela’s Outpost Store in Kalispell, Mont., joining the outdoor retailer’s single full-line Billings store in the state.

Sidney, Neb. -- Cabela’s Inc. said Thursday it will open a Cabela’s Outpost Store in Kalispell, Mont., joining the outdoor retailer’s single full-line Billings store in the state.

Construction on the 42,000-sq.-ft. location is scheduled to begin in spring 2013 and Cabela’s said it expects to open the store in fall 2013.

August 23, 2012

Cabela’s Inc. announced that its has named Sean Baker president of World’s Foremost Bank and the division’s next CEO, effective Jan. 1.

Sidney, Neb. -- Cabela’s Inc. announced Thursday that its has named Sean Baker president of World’s Foremost Bank and the division’s next CEO, effective Jan. 1.

The move is part of a planned succession strategy that will put Baker in place as current CEO Joseph Friebe takes his previously announced retirement.

Baker began his career with Cabela’s as a financial analyst in 1997 and most recently served as senior VP business development, for World’s Foremost Bank.

August 22, 2012

Cabela’s Inc. announced today plans for two new stores, including its first-ever locations in Virginia and Delaware.

Sidney, Neb. -- Cabela’s Inc. announced today plans for two new stores, including its first-ever locations in Virginia and Delaware. Construction is expected to begin on the new locations in 2013, with the stores expected to open in 2014.

Cabela’s said it will build an 85,000-sq.-ft. store in The Falls, a new retail development in Bristol, Va., that will accommodate about 1.5 million sq. ft. of retail space.

In Delaware, the company will open a 100,000-sq.-ft. store adjacent to Christiana Mall, in Christiana. 

May 2, 2012

After a thorough evaluation of major leading profitability systems, Cabela’s Inc. has selected Acorn Systems’ Performance Analyzer because of its expertise in profitability management and its ability to provide a flexible, scalable and elegant platform to drive true net SKU profitability analytics.

Houston -- After a thorough evaluation of major leading profitability systems, Cabela’s Inc. has selected Acorn Systems’ Performance Analyzer because of its expertise in profitability management and its ability to provide a flexible, scalable and elegant platform to drive true net SKU profitability analytics.

April 30, 2012

SAP America Inc., a subsidiary of SAP AG, announced that Cabela’s Inc. has selected the SAP point-of-sale application to support its retail expansion and enhance its customer experience.

Sidney, Neb. -- SAP America Inc., a subsidiary of SAP AG, announced that Cabela’s Inc. has selected the SAP point-of-sale application to support its retail expansion and enhance its customer experience.

The hunting, fishing and outdoor gear retailer will leverage out-of-the-box functionality inherent in SAP POS to provide increased customer service, as well as system and sales associate efficiency, SAP said.

April 26, 2012

Cabela’s Inc. reported that net income for the first quarter rose a record 62% to $28.8 million, from $17.8 million last year.

Sidney, Neb. -- Cabela’s Inc. reported Thursday that net income for the first quarter rose a record 62% to $28.8 million, from $17.8 million last year.

Revenue increased 6.3% to $623.5 million, and same-store sales increased 4.2%.

"This strong performance gives us confidence our growth strategy is working and working well," said Tommy Millner, Cabela's CEO.

February 16, 2012

Cabela’s Inc. reported Thursday a fourth-quarter net income of $69.8 million, compared with $66.3 million last year.

Sidney, Neb. -- Cabela’s Inc. reported Thursday a fourth-quarter net income of $69.8 million, compared with $66.3 million last year. The company also announced plans to open a smaller-sized format, called Cabela’s Outpost Store, designed for markets with less than 250,000 people.

For the quarter ended Dec. 31, 2011, Cabela’s revenue, increased 5.4% to $983.7 million, and same-store sales rose 1.7%. Retail store revenue increased 9.8% to $525.6 million.

November 8, 2011

Cabela’s Inc. announced the signing of a new credit facility with a consortium of financial institutions led by U.S. Bank.

Sidney, Neb. -- Cabela’s Inc. announced the signing of a new credit facility with a consortium of financial institutions led by U.S. Bank.

The new $415 million, five-year credit facility replaces Cabela’s existing $350 million, five-year agreement signed in 2007. Additionally, the new facility may be increased to $500 million subject to certain terms and conditions.

May 31, 2010

Cabela’s Inc. has long been an advocate of energy efficiency. But several years back,...

January 20, 2009

Cabela’s Inc. announced Tuesday that World’s Foremost Bank, the company’s wholly owned bank subsidiary and...