Bass Pro Stock Symbol & Price | Is It Publicly Traded?
Bass Pro Shops is a leading retailer of outdoor recreation products, offering a wide range of fishing, hunting, camping, boating, and other gear. The company operates more than 170 stores across the US and Canada, as well as an online platform and a catalog business.
But if you are interested in investing in Bass Pro Shops, you might be wondering: what is the Bass Pro stock symbol and price? Is Bass Pro publicly traded? How can you buy Bass Pro stock? In this article, we will answer these questions and more.
What is the Bass Pro Stock Symbol?
The short answer is: there is no Bass Pro stock market symbol, quote, or ticker. That’s because Bass Pro Shops is a private company, meaning it is not listed on any stock exchange and does not issue shares to the public. Therefore, you cannot buy or sell Bass Pro stock on the open market.
Bass Pro Shops was founded in 1972 by John L. Morris, who started selling fishing tackle from his father’s liquor store in Springfield, Missouri. Since then, Morris has grown the company into a multibillion-dollar enterprise. Morris remains the majority owner and CEO of Bass Pro Shops and has not expressed any intention of taking the company public.
Who Owns Bass Pro Stock?
As a private company, Bass Pro Shops does not disclose its ownership structure or financial details to the public. However, it is widely known that John L. Morris is the founder, majority owner, and CEO of the company.
Morris is also a philanthropist and conservationist who has donated millions of dollars to various causes related to wildlife preservation, education, health care, and community development. He is the founder of the Wonders of Wildlife Foundation, which supports conservation efforts around the world.
Besides Morris, it is possible that some other investors or employees own a minority stake in Bass Pro Shops. However, the exact identities and shares of these owners are not publicly available.
Does Bass Pro own Cabelas?
Yes, Bass Pro Shops owns Cabelas. Cabela’s was another major retailer of outdoor recreation products, founded in 1961 by Dick Cabela and his brother Jim. Cabela’s operated more than 80 stores across the US and Canada, as well as an online platform and catalog business.
The merger of Bass Pro Shops and Cabela’s was completed in 2017, with Bass Pro Shops paying $61.50 in cash for each share of Cabela’s, resulting in a total deal value of around $5 billion. The deal was one of the largest mergers in the retail industry, creating a combined company with over 250 stores and $8 billion in annual revenue.
Since then, Cabela’s has been operating as a subsidiary of Bass Pro Shops under the same leadership and vision of John L. Morris. The two brands have maintained their distinct identities and loyal customer bases while benefiting from shared resources and synergies.
Investing in Bass Pro Competitors
Since you cannot invest in Bass Pro stock directly, you might be interested in investing in some of its competitors on the stock market. Here are some examples of publicly traded companies that offer similar products or services to Bass Pro Shops:
Dicks Sporting Goods (NYSE: DKS): Dicks is one of the largest sporting goods retailers in the US, offering a wide range of products for sports, fitness, outdoor recreation, and leisure activities. Dicks operates more than 700 stores across the US, as well as an online platform and a catalog business. Dicks also owns and operates several specialty brands, such as Golf Galaxy, Field & Stream, and CALIA by Carrie Underwood.
Sportsman’s Warehouse (NASDAQ: SPWH): Sportsman’s Warehouse is a specialty retailer of outdoor recreation products, focusing on hunting, shooting sports, fishing, camping, and other activities. Sportsman’s Warehouse operates more than 100 stores across 25 states in the US, as well as an online platform.
Smith & Wesson Brands (NASDAQ: SWBI): Smith & Wesson Brands is a leading manufacturer of firearms, ammunition, and accessories for hunting, shooting sports, law enforcement, and personal protection. Smith & Wesson Brands owns several iconic brands, such as Smith & Wesson, M&P, Thompson/Center Arms, and Crimson Trace.
Of course, investing in these companies is not the same as investing in Bass Pro Shops, as they have different business models, strategies, financial performance, and growth prospects. Therefore, you should do your own research and analysis before making any investment decisions.
Will Bass Pro Ever Go Public?
It is hard to predict whether Bass Pro Shops will ever go public, as it depends on many factors, such as the market conditions, the company’s performance, the owner’s preferences, and the potential benefits and costs of going public.
However, based on the current situation, it seems unlikely that Bass Pro Shops will go public anytime soon. Here are some possible reasons why:
Bass Pro Shops is already a very successful and profitable company with strong brand recognition and a loyal customer base. It does not need to raise capital from the public market to fund its growth or expansion.
Bass Pro Shops is a family-owned business, with John L. Morris as the founder, majority owner, and CEO. Morris might prefer to keep the company private and maintain full control over its direction and vision.
Bass Pro Shops is a mission-driven company with a focus on conservation and education. Morris might not want to compromise the company’s values or culture by subjecting it to the pressures and expectations of public shareholders.
Of course, these reasons are not definitive or conclusive, and things might change in the future. But for now, it seems that Bass Pro Shops is happy and comfortable being a private company.
Bass Pro Stock | Bottom Line
Bass Pro Shops is a leading retailer of outdoor recreation products, with more than 170 stores across the US and Canada. The company is also the owner of Cabela’s, another major retailer of outdoor recreation products. Bass Pro Shops is a private company, meaning it is not listed on any stock exchange and does not issue shares to the public. Therefore, you cannot buy or sell Bass Pro stock on the open market.
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FAQ
How much did Bass Pro buy out Cabelas for?
Bass Pro Shops and Cabela’s successfully completed their merger in 2017, in which Bass Pro Shops acquired Cabela’s for $61.50 per share in cash, representing an aggregate transaction value of approximately $5 billion.
Which came first, Bass Pro or Cabela’s?
The origins of Cabela’s date back to 1961, when Dick Cabela, along with his wife Mary and his brother Jim, began to mail fishing flies from their kitchen table to customers. Bass Pro got its start in 1972 when founder Johnny Morris began selling high-quality fishing tackle in his dad’s liquor store in Springfield, Missouri, the company’s sole location for the first 13 years of business.
How many Bass Pro and Cabela stores are there in the US?
There are about 171 stores under the Bass Pro Shops and Cabela’s brands in the US.
Where is the oldest Bass Pro shop?
The oldest Bass Pro shop is located in Springfield, Missouri. It was opened in 1974 by Johnny Morris, who expanded his fishing tackle business from his father’s liquor store to a larger location.
What is Cabela's stock symbol?
The stock symbol for Cabela’s used to be CAB before it was acquired by Bass Pro Shops in 2017. Since then, Cabela’s has been operating as a subsidiary of Bass Pro Shops, and its shares are no longer traded on the stock market.
