Not any more. The 1000 gram thinsulate McKinley hunting boots that my dad and I bought in 1990 are still in use. The waterfowl parkas that I've bought at least 3 of (as they see a lot of hard wear in the winters) have gotten progressively cheaper over the years to the point where I won't be buying another - a $3 zipper breaks and my $300+ parka becomes a piece of junk - and it's usually in the brutal cold when it happens (twice now).
It's the same story everywhere - when they went public and the focus became profits over people the slide started. Then I read "Free Lunch", and realized Cabella's was no different than every other subsidy chasing corporation out there and that pretty much sealed the deal for me - adios Cabella's.
No idea how the stock trades - don't own it - wouldn't short it, just know that the "good old days" are called that for a reason.
Quality items are a thing of the past. Worsterlon shirts, Cabelas cotton shorts. Just called and told them to take me off their mailing list. Will shop at Rogers or Sportsman Warehouse. Waited a year for the shorts and now am told they were "are most popular pair of shorts but now discontinued". Cabelas you are discontinued!
Problem is their return policy sucks compared to when they were a private company. Their focus is on margins and profitability. Just what the Wall Street wonks want! They highly emphasize their branded clothing now since the margins are near 60% or higher. They have patent infringement suits on a regular basis. Rumor has it that several name brand suppliers have threatened to leave CAB. Could be interesting.