Cabela's (NYSE: CAB ) reported earnings on Oct. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 29 (Q3), Cabela's missed slightly on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share grew significantly.
Margins expanded across the board.
Cabela's reported revenue of $741.2 million. The 10 analysts polled by S&P Capital IQ hoped for revenue of $752.7 million on the same basis. GAAP reported sales were 9.2% higher than the prior-year quarter's $678.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.60. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.60 per share. GAAP EPS of $0.60 for Q3 were 28% higher than the prior-year quarter's $0.47 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 44.7%, 180 basis points better than the prior-year quarter. Operating margin was 9.1%, 70 basis points better than the prior-year quarter. Net margin was 5.8%, 90 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $1.06 billion. On the bottom line, the average EPS estimate is $1.21.
Next year's average estimate for revenue is $3.05 billion. The average EPS estimate is $2.69.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 682 members out of 753 rating the stock outperform, and 71 members rating it underperform. Among 251 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 248 give Cabela's a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cabela's is outperform, with an average price target of $55.14.
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