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Cabela’s reports a 56 percent jump, that’s some money!

SIDNEY, Neb. (AP) — Cabela’s Inc. reported a 56 percent jump in second-quarter earnings as retail sales of outdoor gear and sporting goods improved significantly and online and catalog sales got slightly better.

The Sidney, Neb., company said Thursday that it generated $33.9 million net income, or 47 cents per share. That’s up from $21.7 million, or 31 cents per share.

Cabela’s revenue grew nearly 12 percent to $627.3 million in the quarter.

Cabela’s CEO Tommy Millner says retail revenue growth was particularly encouraging. And sales at comparable stores increased 4.7 percent.

Millner says he’s optimistic about 2012 and 2013, so the company is accelerating its retail store expansion plans.

Cabela’s said Thursday that it plans to open a store in Saginaw, Mich., in 2013 and open another store in Anchorage, Ala., in 2014.

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