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Cabela’s beats Street with 68.7% profit surge in Q3
Sidney, Neb. -- Outdoor retailer Cabela’s reported Thursday that profit for the third quarter surged 68.7% to $33.3 million, compared with $19.7 million in the year-ago period. Results surpassed analysts’ expectations and mark the third straight quarter of profit rises.
Revenue rose 6% to $678.6 million, missing Wall Street’s expected $681.5 million.
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Brixmor names regional executive
New York City -- Brixmor Property Group said Wednesday it has appointed Thomas W. Litzler as senior VP, central region.
Based in Chicago, Litzler will serve as the asset manager for the region, directing leasing, property operations and redevelopment activity for 11.7 million sq. ft. of community and neighborhood shopping centers in Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri and Wisconsin.