Cabela's profits up, sales down in fourth quarter report

Cabela’s on Thursday reported an increase in revenue and decrease in sales for its fourth quarter of 2015, and reported that net income decreased over $2 million for fiscal year 2015.

The company also said that its process to “explore and evaluate a wide range of strategic alternatives to enhance value for the company’s shareholders” that was announced Dec. 2, 2015, is ongoing. No decision to sell all or part of the company was announced.

Cabela’s on Thursday reported financial results for its fourth quarter and fiscal year, which included a 10.5 percent total revenue increase in the quarter....