The company, which started the year with 12 stores, added fourmore destination outlets during 2006, but will double that numberin 2007 when it adds new locations in Missouri, Illinois,Connecticut, Louisiana, Indiana, Nevada, Idaho and Washington. The2006 store openings added 2.7 million sf to Cabela's nationalfootprint, increasing the company's square footage by 29% from theprior year.

The company's rapid expansion comes amid a record year for theSidney, NE retailer, which reported a 14.7% jump in revenue to $2.6billion in fiscal 2006, an increase of more than $20 million fromthe prior year's figure. Net income for the year was also up 18.2%to $85.8 million compared to $72.6 million for fiscal 2005 whileper share earnings skyrocketed 17.3% to $1.29 compared to $1.10 inthe year ago period.

In the fourth quarter ended Dec. 30, 2006, revenue was up 15.6%to $781 million and net income rose 25.5% to $53.4 million. Each ofthe firm's business segments trended strong during the quarter.Direct revenue from catalogue and website sales rose $25.2 million,or 6.2%, to $432.4 million while retail revenue jumped 27.3% to$304.9 million. Sales at stores open at least a year were upslightly at 1.7% while revenue from the company's credit cardbusiness increased 33.1% to $38.5 million.

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