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New store format boasts Cabela’s Q3 results
Sidney, Neb. – Cabela’s said that strong performance from its next-generation store format helped drive its third quarter net income up 16.6%, to $49.9 million compared to $42.8 million in the year ago quarter. The company also announced plans for three new stores.
Revenue grew about 15%, from $741.2 million to $850.8 million. Same-store sales grew 3.9%.
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Survey: Holiday shoppers seek deals, make plans
Austin, Texas - The current state of the economy will drive 41% of consumers to look for ways to save money on their holiday shopping this year, seeking out bargains and coupons. According to the new annual holiday shopping and coupon usage survey from Offers.com, about half of people (51%) make a holiday gift list, and 62% set a budget for their holiday gift shopping.
Other holiday-related findings from the survey include: