Cabela's delivers strong revenue growth in Q2

SIDNEY, Neb. — Revenues rose 11.6% to $627.3 million at Cabela's during its second quarter, consisting of a 16.9% increase in store revenue, a 0.7% decrease in direct revenue and a 12.8% increase in financial services revenue. Same-store sales rose 4.7%. Net income for the quarterr increased to $33.9 million compared with $21.7 million and earnings per diluted share were 47 cents compared with 31 cents, each compared with the year ago quarter. "This strong performance is company-wide and shows that our strategic initiatives have generated major improvements in our business," said Tommy Millner, Cabela's CEO. "Every key line