Why are the people in charge still there - what is wrong with the board. - do something - fire the whole team and get some people in there that will do something. Unbelievable and criminal
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To the clown above. CAB has never paid a dime in dividends. To the investor, CAB has been a victim of big box groupthink for too many years. I worked there for about six years as a fun job to get me out of the house and it was fun until they gave me a felon as a boss. But back to your question, most of the board members have come from Home Depot and other big box companies that can do business with very few employees in the aisles. If I have to get a wax ring for my toilet I don't care if I get a friendly ,knowledgeable staff member to help me. It's a six dollar purchase to fill a need on the other hand if I roll into Cabelas and walk back to the gun counter with three thousand clams in my pocket and I WANT to buy a shotgun I am not going to deal with waiting thirty minutes to talk to someone who does not know the difference between extractors and ejectors and can't comprehend why you want to look at more than one gun before you decide on stock wood. Instead you leave and go to the Beretta Gallery on Monday at lunch and spend your money where you feel VALUED. Cabelas wants to charge boutique prices and give Kmart levels of service because cutting labor to the bone works at those types of stores. I warned the board several years ago that CAB was going to become an AMZN showroom.
Yes t is but for the last 10 years you have all been riding the high od dividends
That money you get every year from the fake growth
About the only company that can put a tore n every corner is Wally World
It takes down most companies especially a "want" store
Cabelas is a want store no one needs Cabelas don't sell food or medicine
A want store needs to be managed differently then a needs store
Most management comes from target sams walmart. All needs stores
Criminal is an understatement - can we sue the board?