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Thanks Mr. Obama Cabela Brothers worth more than $1B

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  • BrassCase
    CGN/CGSSA Contributor
    CGN Contributor
    • Dec 2011
    • 3184

    Thanks Mr. Obama Cabela Brothers worth more than $1B

    The gun panic has created more wealth, just not for us but from us. I don't fault Cabela's, I have and still do buy from them. Great store with good products and service.

    Check out:
    I'd agree with you but then we'd both be wrong...
    NRA Certified:

    Chief Range Safety Officer
    Instructor: Basic Pistol Shooting
    Instructor: Personal Protection Inside the Home
  • #2
    nestle19
    Senior Member
    • Feb 2013
    • 523

    Yep! The greatest firearms salesman ever.
    sigpicNRA member.

    Comment

    • #3
      Vlad 11
      Veteran Member
      • Nov 2009
      • 2961

      Big 5 reported much higher than anticipated earnings this quarter. Wonder why?



      The company has had a recent run of good news for investors.

      Big 5's firearms and ammunition sales helped boost first-quarter financial results. This year, firearms users, fearing possible gun-control legislation, flocked to Big 5 and other weapons retailers.

      Although Big 5 does not disclose the percentage of sales from firearms, Miller said the company did benefit from "the national increase in the demand for ammunition and firearms products."

      The company smashed analysts' expectations for the first three months, earning 34 cents a share — 70% more than the 20 cents analysts had predicted.

      The unexpected gain fueled the momentum of Big 5 stock, which has skyrocketed about 250% in the last 11 months. The company's shares traded as high as $22.50 on Tuesday, its highest point in nearly six years.

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      • #4
        milw50717
        Senior Member
        • Jan 2006
        • 740

        And now Big 5 are selling primers.

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