Cabela's
World's Foremost Outfitter
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Public (Acquisition by Bass Pro Shops pending) |
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| Traded as | : CAB S&P 400 Component |
| Industry | Retail |
| Founded | Chappell, Nebraska, U.S. (1961) |
| Founder | Dick Cabela Jim Cabela |
| Headquarters | Sidney, Nebraska |
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Number of locations
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82 (May 2016, U.S. and Canada) |
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Key people
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Dick Cabela (Co-founder, Chairman) Jim Cabela (Co-founder, Vice Chairman) Thomas Millner (CEO) Michael Copeland (Chief operating officer) Brian Linneman (Senior Vice President of Merchandising and Marketing) Ralph Castner (Chief Financial Officer) |
| Products | Hunting, fishing, and outdoor merchandise |
| Revenue |
 US$3.997 billion (2015) |
 US$307.79 million (2015) |
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US$189.33 million (2015) |
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| Total assets |
US$8.463 billion (2015) |
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Number of employees
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19,700 (2016) |
| Website | www |
Cabela's Inc. is an American direct marketer and specialty retailer of hunting, fishing, boating, camping, shooting, and related outdoor recreation merchandise, based in Sidney, Nebraska. The company was founded by Richard N. Cabela in 1961 and went public in 2004, with that fiscal year's revenue reaching $1.56 billion, a 50% growth since 2001.
The largest Cabela's is also known for the biggest indoor habitat. They are known for their many taxidermies, but what the Cabela's is best known for in Ohio are the live squirrels on their two-story mountain habitat. Its direct marketing operation is one of the largest in the United States. Cabela's mail-order catalogs are shipped to 50 states and 120 countries. More than 120 million catalogs were mailed in its first year as a public company. It also has "Trophy Properties LLC" (a real estate market), the "Gun Library" (for buying and selling new, used, and collectible firearms), and World's Foremost Bank (the issuer of Cabela's Club Visa credit cards).
The company that would become a sporting goods reseller and chain was started in 1961. Richard N. Cabela purchased $45 worth of fishing flies at a furniture expo in Chicago which he then advertised for sale in a local newspaper advertisement. When his first effort produced only one response, he placed an ad in a national magazine, Sports Afield, which was more successful. Included with each order was a catalog of other products for sale by Cabela.
As the business grew, Cabela and his wife Mary moved their operation to Sidney, Nebraska in 1963. Dick's brother Jim also joined the business. From those modest beginnings, the company has since grown to a publicly traded corporation with over $3 billion in annual sales.
On February 17, 2014, founder Dick Cabela died at his home in Sidney, Nebraska, at the age of 77.
Founders Dick and Mary Cabela and Dick’s brother James Cabela retained 25% ownership of the now public company which trades under the stock symbol CAB.
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Wikipedia