The company’s 100,000-square-foot Tulalip location is considered a next-generation store.
Sidney, Neb.-based Cabela’s net income rose to $42.8 million, or 60 cents a share, compared to $33.3 million or 47 cents a share in the year-ago period, according to its third-quarter earnings, which were released last month.
Revenue rose across all of its business divisions rose except for direct revenue -- Internet and telephone orders -- which fell 6.7 percent to $196.8 million.
Chief executive Tommy Millner told analysts during a conference call that the direct revenue category fell because demand was weaker for clothing and footwear, which he attributed to warm weather and competing against its stores and new store openings.
Once colder weather arrived, the direct revenue category showed improvement, he said.
Total revenue in the quarter rose 9.2 percent to $741.2 million.
One analyst asked what effect the election would have on gun and ammunition sales.
Millner said if President Obama wins, sales should rise “beyond current levels, which are already really good.”
“I still expect gun growth, but not at the same pace,” he said about a Gov. Mitt Romney victory.
Millner also added that sales of guns and ammunition remain strong because interest in shooting sports continues to grow.
The company also opened its first 40,000-square-foot outpost store in Union Gap, Wash., near Yakima. All future store openings will either be next-generation or outpost stores, Millner said.
On Monday, Cabela’s stock, which trades under the ticker symbol CAB, closed up 40 cents at $44.35 a share. In the past 52 weeks, the stock has traded between $21.51 a share and $56.78 a share.
