Tackle industry retail giant Bass Pro Shops is exploring an offer for one of its largest competitors—Cabela’s, Inc. 

According to a Nov. 5, report from Reuters, Bass Pro Shops is in the process of securing financing for a potential offer that would target Cabela’s. Both parties declined Reuters’ requests for comment, though shares of Cabela’s have risen by as much as 13-percent in light of the news. Both companies operate substantial, multi-million dollar direct sales and retail destination-store operations.

Cabela’s, a publicly owned company, reported $1.2 billion in revenue last year: $810.6 million of that came from retail stores; $349.9 million came from direct sales. Cabela’s operates 77 brick-and-mortar stores in the United States.

Bass Pro Shops is estimated by Forbes to have brought in over $4 billion in revenue last year. It ranks as one of the 100 largest privately owned companies in the country. The Springfield, MO-based giant employs some 20,000 people in 94 retail stores spread across the United States.

Fishing Tackle Retailer will continue to update this story as details emerge.

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8 Responses

  1. Hmmmm ...

    […] Triton) from Platinum Equity, it would seem that Johnny Morris is picking up a little steam. Bass Pro Shops to Buy Cabelas? – Fishing Tackle Retailer New siggy coming soon … Reply With […]

  2. Andy

    This is bad news. Apparently Johnny Morris wants to be the king of the world. It doesn’t really affect me as 95% of my fishing equipment and lures come from Tackle Warehouse. I purposely avoid buying from BP because I’m not a Johnny Morris fan and I hate what he does to a company’s products after he acquires them. I just feel sorry for the 2000 people in Sidney, Nebraska who’ll lose their jobs when Big John shuts their H.Q. down and moves it to Springfield.

  3. Bass Pro to Buy Cabela's?

    […] outdoors-themed arcade games. Cabela's reported $1.2 billion in revenue last year, according to Fishing Tackle Retailer. More than $800 million of that came from sales at the company's 77 brick-and-mortar stores. Forbes […]


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