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Cabela's reports 6 percent decline in second-quarter profit


Cabela’s Incorporated (NYSE:CAB) Thursday reported financial results for it second 2016 fiscal quarter.

Cabela’s Inc. reported a 6 percent decline in its second-quarter profit Thursday, but didn’t offer any new clues about its long-term strategic plans.

The company reported total revenue increased 11.2 percent to $929.9 million. Retail store sales accounted for the largest percentage increase, up 13.3percent to $644.9 million. Internet and catalog sales increased 3.3percent to $141.3 million, and financial services increased 8.1 percent to $135.1 million

The Sidney-based company repor...

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