Friday, February 17, 2017

Cabela’s Results Dented by Falling Same-Store Sales

Lower traffic at its stores contributed to Cabela’s same-store sales decline.Outdoor-gear retailer Cabela’s Inc. reported weaker-than-expected results in its latest quarter on lower traffic at its stores.

Same-store sales declined 6.5% in the period, well below the 0.8% decline analysts cited by FactSet had anticipated. The company has only had one quarter of rising same-store sales dating back to the third quarter of 2013.. . . more

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