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Cabela's delivers strong revenue growth in Q2
SIDNEY, Neb. — Revenues rose 11.6% to $627.3 million at Cabela's during its second quarter, consisting of a 16.9% increase in store revenue, a 0.7% decrease in direct revenue and a 12.8% increase in financial services revenue. Same-store sales rose 4.7%.
Net income for the quarterr increased to $33.9 million compared with $21.7 million and earnings per diluted share were 47 cents compared with 31 cents, each compared with the year ago quarter.
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A&G Realty brings on two partners
Melville, N.Y. -- Commercial real estate consulting, advisory and investment group A&G Realty Partners announced that Peter Lynch and Andrew Margolick have joined the firm as partners.
Lynch joins A&G from DJM Realty, where he was a principal and senior managing director, and Margolick was president of his own firm, ARM Consulting, as well as a former VP at Hilco Real Estate.