Cabela's Shoots Up On Strong Gun, Ammunition Sales
Outdoor outfitter Cabela's (CAB) first-quarter results shot up on strong gun and ammunition sales, sending shares soaring more than 14% in the stock market today. The Nebraska-based outdoor retailer said same-store sales jumped 24%. Excluding firearms and ammunition, comparable sales grew 9%. The retailer earned 70 cents in the quarter, up from 40 cents in the earlier year and 11 cents above Wall Street views. Both earnings and same-store sales
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