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Cabelas Lowered to "Hold" at Zacks

2015-10-10 14:53:39| Mobile Homes - Topix.net

According to Zacks, "After delivering a positive earnings surprise of 2.7% in the first quarter of 2015, Cabela's succumbed to a negative earnings surprise of 6.7% in the second quarter. Lower-than-expected merchandise sales, contraction in merchandise margin and increased merchandise costs impacted the bottom line, which also declined by 8.2% year over year.

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