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How The Obama Gun Boom Pushed The Fortune Of Two Brothers To $1.2 Billion (Cabelas)
Forbes ^ | June, 2013 issue | Nathan Vardi

Posted on 05/23/2013 6:05:21 PM PDT by dynachrome

Shares have increased by 95% in the last year and are up more than 70% already in 2013. That makes Cabela’s stock the best-performing in the firearms industry and one of the top-performing stocks in the U.S. in the last year. The company’s two biggest shareholders, founders Richard and James Cabela, have seen the value of their combined 25% stake jump to $1.2 billion from $750 million at the start of 2013.

About one-third of Cabela’s $3.1 billion in sales last year came from firearms, ammunition and accessories, and a substantial amount of its all-important sales growth came from its gun business. Cabela’s first-quarter 2013 same-store sales growth was 24%, but it was only 9% excluding firearms and ammunition. The company set a new record for first-quarter revenue, which increased 28.7% to $802.5 million.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events
KEYWORDS: banglist; barryhussein2; bloodofpatriots; cabelas; cheaperthandirt; coltmadewomenequal; death2tyrants; frontiersixshooter; guncontrol; gunsales; nocompromise; peacemakers; samcoltmademenequal; secondamendment; shallnotinfringe; treeofliberty; worldslargestarmy; youwillnotdisarmus
Unintended consequences for obozo.
1 posted on 05/23/2013 6:05:21 PM PDT by dynachrome
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To: dynachrome
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2 posted on 05/24/2013 1:33:14 AM PDT by Roccus
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The odd thing about Marxism is that it never has anything to lose.


3 posted on 05/24/2013 1:40:33 AM PDT by Gene Eric (Don't be a statist!)
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Unless there is a big scary bear up its ass...


4 posted on 05/24/2013 1:41:04 AM PDT by Gene Eric (Don't be a statist!)
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To: Roccus

Wow! So rich they have their own zoo!


5 posted on 05/24/2013 2:58:01 AM PDT by hadaclueonce (dont worry about Mexico, put the fence around kalifornia.)
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To: dynachrome

Cabelas needs to sit back and think about their products.

I’ve been buying cloths from them for decades.

They’ve moved a lot of their cloths production to third world countries, changed the design and fabrics and now have a terrible problem with size quality control.

After a bad experience with a pair of Guide Wear pants I started reading the reviews and was a little surprised at the number of negative comments from long time buyers.


6 posted on 05/24/2013 3:26:51 AM PDT by PeteB570 ( Islam is the sea in which the Terrorist Shark swims. The deeper the sea the larger the shark.)
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To: PeteB570

Yeah, I’ve noticed that too. I wear a lot of Cabela khakis, and lately, the sizing accuracy and general quality of the fabrics have diminished significantly.


7 posted on 05/24/2013 3:40:15 AM PDT by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: PeteB570

Yeh, those darn Asians haven’t been able to properly size clothes for years. I’ve had a perfect 33 waist for decades, but those Asians are now making pants way, way too small. Their scales don’t work properly, either.


8 posted on 05/24/2013 3:50:03 AM PDT by norwaypinesavage (Galileo: In science, the authority of a thousand is not worth the humble reasoning of one individual)
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To: dynachrome

I don’t see how they can be making any money now, everything I want to buy online is “out of stock” and can’ be back ordered. I use to shop there online site often but gave up a few months ago.


9 posted on 05/24/2013 3:52:33 AM PDT by TonyM
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To: norwaypinesavage
"I’ve had a perfect 33 waist for decades...."

Same here.

But the only pants that fit me have a "40" on them.

Must be some kind of metric thing.

10 posted on 05/24/2013 4:09:28 AM PDT by SnuffaBolshevik (In a tornado, even turkeys can fly.)
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To: SnuffaBolshevik; norwaypinesavage

Jokes aside they are really taking a hit on their Polo Shirts. Used to be three button and they went to two buttons.

I used to like to order the 2XL Tall pocket shirts with 3 buttons.

After reading the reviews I’ll wait a while. One guy ordered two shirts the same size and compared them - the length was off by 4 inches between them.


11 posted on 05/24/2013 4:31:19 AM PDT by PeteB570 ( Islam is the sea in which the Terrorist Shark swims. The deeper the sea the larger the shark.)
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To: dynachrome

Nice people, good products, fast shipping and honest CS... I love an American Success!

LLS


12 posted on 05/24/2013 4:37:56 AM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
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To: norwaypinesavage

It’s not Calebras or those darn Asians....

It’s the Calories......

The Calories are a unique South American pygmy tribe that migrated to America many years ago. They live in the back your closet and when, at night when your asleep, sew your clothes smaller....

Hope this helps!


13 posted on 05/24/2013 4:52:57 AM PDT by nevergore
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To: norwaypinesavage

20 years ago I was trying on some very nice Honda riding gloves. I have small hands and I was having trouble squeezing my hand into a glove marked “large.” I guessed the Japanese must still be very small people or they have a strange notion about how big Americans are..


14 posted on 05/24/2013 5:15:59 AM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINE http://steshaw.org/econohttp://www.fee.org/library/det)
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To: dynachrome

I have my two houses in Maine listed with their real estate branch. Search Mack Cove.


15 posted on 05/24/2013 5:23:18 AM PDT by larryjohnson (USAF(Ret))
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To: Roccus

Wow just awesome. I would like to have something like that in my living room. =)


16 posted on 05/24/2013 6:00:11 AM PDT by Patriot Babe
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To: dynachrome
Great Nebraska company.

Been to the mother ship store in Sidney many times. Would love to work for them.

17 posted on 05/24/2013 6:47:13 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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18 posted on 05/24/2013 7:23:56 AM PDT by RedMDer (May we always be happy and may our enemies always know it. - Sarah Palin, 10-18-2010)
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To: redgolum

Grew up in a town near their HQ is Sidney NE, it was a beacon to all of us living there.


19 posted on 05/24/2013 8:40:40 AM PDT by GraceG
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To: GraceG

I spoke with “Nan” at Cabelas yesterday. We need one somewhere in NC. I have 4 Academy sports within 200mi and a Bass Pro within 5mi.

SMKW is still a major I shop from. Cabelas just isn’t east coast. They should be flush with cash to make the move.


20 posted on 05/24/2013 8:48:38 AM PDT by eyedigress ((zOld storm chaser from the west)/ ?s)
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To: dynachrome

My favorite store. Better than Bass Pro or Gander Mountain. Depending on need it is either there , Academy, or my local bow/gun shop.


21 posted on 05/24/2013 9:04:35 AM PDT by Resolute Conservative
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To: Resolute Conservative

I will just go to Mill’s Fleet Farm - “The man’s mall” “If we do not have it you just do not need it.” The only problem with Cabela’s and Mills Fleet Farm they are both a distance away. Cabela’s is in Richfield, Wisconsin and the nearest Mills Fleet Farm is in Antigo, Wisconsin.


22 posted on 05/24/2013 5:12:39 PM PDT by hondact200 (Candor dat viribos alas (sincerity gives wings to strength) and Nil desperandum (never despair))
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To: Resolute Conservative

When I die my kids have instructions to stuff me and put me on display at Cabelas.


23 posted on 05/24/2013 6:30:29 PM PDT by kennyboy509 ( Ha! I kill me!!!)
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To: Roccus

They have a bear pawing a hornet’s nest at my nearest Cabela’s and at the bottom of the mountain they have a large fish pond.


24 posted on 05/24/2013 6:37:57 PM PDT by Sawdring
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To: Sawdring
Did ya catch the wolverine(?) latched onto the ptarmigan(?) in the last image?
25 posted on 05/24/2013 6:52:24 PM PDT by Roccus
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To: Roccus

Yeah, I didn’t know what it had in its mouth.


26 posted on 05/24/2013 7:08:48 PM PDT by Sawdring
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To: Sawdring
Two bear arguing over an elk and a bobcat or lynx on a hare.

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27 posted on 05/24/2013 7:22:52 PM PDT by Roccus
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To: Roccus

They always have such an impressive amount of mounts. I wonder if someone at the store has an accurate count of home many they have in every store.


28 posted on 05/24/2013 7:36:43 PM PDT by Sawdring
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To: Sawdring

In Wheeling, WV where I took those, that is just the centerpiece 30 ft. mountain. There is another room (12,00 sq. ft) that’s a trophy deer museum loaded with dioramas and head mounts and a separate African diorama room. Of course there is the trout pond sunk into the main floor and another room with a 55,000 gal. aquarium (plus some smaller ones IIRC)

(couldn’t find anything on the number of mounts)


29 posted on 05/24/2013 8:04:42 PM PDT by Roccus
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To: dynachrome





BLESSED ARE THE PEACEMAKERS

30 posted on 05/25/2013 5:42:02 AM PDT by devolve ( ------- I*ve gotcher magic bullshiite right here 0pansy ---------)
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To: Roccus

- - - -it’s a GREAT store BUT guess what their shelves are void of ammo- - - for months. NONE, ZIP, NADA!!!!!!!


31 posted on 05/25/2013 5:42:23 AM PDT by oldbugleboy
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To: dynachrome

I met both brothers back in the 80’s when they were opening their 2nd store in Kearney, Nebraska. At that time they had only the one store in Sidney. They wanted some big fish tanks and we had a friend in Dallas who made acrylic tanks. Three big tanks were designed and built, using 1 1/2 inch thick acrylic. The tanks were curved with no seams. The largest tank was 2300 gallons, and the other two were each half that size. I delivered the tanks to Kearney.

After Cabela’s got them the tanks were designed inside with the same care as you see in the photos in this post and then stocked with Nebraska game fish...quite an impressive sight coming into the store.

Cabela’s growth since that time has been phenomenal, and to think this business started out with their father making fishing lures on his back porch in Sidney, a mail order business that grew into a store...and a huge success story.


32 posted on 05/25/2013 5:59:43 AM PDT by GGpaX4DumpedTea
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To: oldbugleboy

At more than a 5hr. round trip, it’s not where I usually pick up my ammo. That also explains why I took my camera.


33 posted on 05/25/2013 6:14:53 AM PDT by Roccus
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To: Sawdring

I have an idea about where a lot of those mounts come from. When Mr Ditter passes (hopefully no time soon) I am going to be looking for a place to donate a lot of mounts.


34 posted on 05/25/2013 6:21:37 AM PDT by Ditter
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To: PeteB570

“They’ve moved a lot of their cloths production to third world countries, changed the design and fabrics and now have a terrible problem with size quality control.”

I totally agree. I loved there hammer loop work dungarees. (Roughnecks).

The last pairs I bought were terrible. Material was way too soft, sizing was incredibly tight. It’s like they sewed hammer loops on a pair of Jordache jeans.

Sent them all back and am currently looking for a new supplier.

Absolute shame.


35 posted on 05/25/2013 7:02:11 AM PDT by headstamp 2 (What would Scooby do?)
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To: Ditter

Haha. We are going to donate a caribou mount when a family member passes.


36 posted on 05/25/2013 8:12:23 AM PDT by Sawdring
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To: Sawdring
The elk head over the fire place will stay and the black bear rug and the grizzly rug (both on the wall) will stay but a whole lot of deer heads will be finding a new home!
37 posted on 05/25/2013 9:08:46 AM PDT by Ditter
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