Great ResignationInflationSupply ChainsLeadership

Cabela’s Says It’s Exploring ‘Strategic Alternatives’

December 2, 2015, 2:06 PM UTC
Outdoor Sports Store Cabela's Opens To Big Crowds In Berlin
BERLIN, MA - MARCH 23: Displays for hunters and fishers in the new Cabela's in Berlin. (Photo by Lane Turner/The Boston Globe via Getty Images)
Photograph by Boston Globe via Getty Images

U.S. hunting and fishing store chain Cabela’s (CAB) said it was exploring strategic alternatives.

The company has not set a time for completion of the process and said it could not assure that the move could result in a sale.

Cabela’s said it is working with Guggenheim Securities LLC as its financial adviser and Sidley Austin LLP and Koley Jessen PC as legal counsel to assist in the strategic review.

 

Cabela’s share price has been rising steadily since reports that it was mulling a sale in mid-November.