Cabela's 2005 Annual Report Download - page 6
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Our successes during the year proved our
multi-channel retailing model and our
strategic initiatives are sound and will
continue to serve us well in the future.
As we look forward to 2006, we have
several initiatives under way to maximize
the efficiency of our operations and
improve operating margins. These initia-
tives are focused on increasing
comparable store sales, upgrading inven-
tory control measures and improving
merchandising efficiency.
These initiatives include implementa-
tion of an advanced replenishment
software system to keep the right mix
of products in stock and on the shelves;
utilizing a global merchandise planning
calendar to coordinate key buying
interactions; and introduction of space
planning software to improve and
reduce the associated time and expense
of merchandising our retail stores.
In closing, I assure you, all of us here at
Cabela’s remain committed to the Core
Purpose and Core Values instilled by
Jim and Dick Cabela. And, I would
especially like to thank our employees,
who, through their hard work and dedi-
cation, make a difference every day.
Since Jim and Dick started this business
45 years ago, they have given credit to
the Cabela’s family of employees as the
key to our success. I believe the
strength of the Cabela’s brand, our
superior product selection and our
devotion to customer service will allow
us to continue to increase our market
share and maximize shareholder value.
Thank you for your continued support.
Sincerely,
Dennis Highby
President and Chief Executive Officer
4 NYSE: CAB
Looking Ahead