I believe Cabelas is still privately owned, and must be stuffed wiht retained profits. perhaps owners also know that guns hold value over time, and unlike last years clothing, has true appreciation potential.

along with all the other good observations above, could it be that the inevitable inflationary cycle, when it returns, will lift fine and average quality gun prices while the competition to make cheap clothing will deflate fabric values?

I know I justify paying too much for EVERY GUN I BUY, because I want it, and know it will hold value more than any other consumer item I were to buy instead. Like fine jewelry for a loved wife returns values beyond measure.

Jameister