What is Bass Pro Shops’ stock price, and are they publicly traded? Investors cannot purchase shares of Bass Pro because they are a private company. Bass Pro Shop doesn’t have a stock symbol, but you can invest in their competitors DICKS Sporting Goods (NYSE: DKS) and Sportsman Warehouse (NASDAQ: SPWH).
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Bass Pro Shop Introduction (No Stock Symbol)
If memories of hunting, fishing, and camping bring back fond childhood memories, chances are the Bass Pro Shop played a part. Bass Pro Shops supplies outdoor gear for fishing, hunting, camping, and golfing enthusiasts. Bass Pro Shops is one of the largest fishes in the sea, with a staggering 8 billion dollars annually in sales. Fishing is big business.
Sales numbers aside, their flagship store in Springfield, Missouri, is the state’s number one tourist attraction. Over 4 million people visit the store each year. Moreover, it spans an impressive 750,000 square feet with 17 acres under one roof! Bass Pro Shops was born in 1972 when Johnny Morris, an avid young angler, began selling fishing tackle from his father’s liquor store in Springfield, Missouri.
Today, over 200 million people visit Bass Pro Shops and Cabela’s annually. With over 200 destination retail and marine center locations across North America, they are a national leader in protecting wildlife habitats.
Apart from this, Bass Pro Shops also has its fingers in the marine manufacturing pie. A quick stroll through the store shows various boats and ATVs under the banner names of TRACKER, SUN TRACKER, NITRO, TAHOE, REGENCY, MAKO, RANGER, TRITON, and Ascend Kayaks.
Not to be restricted to the retail arena, they’ve entered the hospitality business. America’s Premier Wilderness Resort and Big Cedar Lodge, with world-class golf and outdoor recreation activities, are just two examples of Bass Pro Shop’s reach. This is awesome!
You can’t buy Bass Pro Shop stock, unfortunately. However, it sounds like it could be a good investment.
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Not Just Another Outdoor Store
For the second year in a row, over 5 million customers voted Bass Pro Shops as one of the most reputable brands in the world. Yes, the world. This would have made Bass Pro Shop stock a good buy.
Despite being ranked 12th last year, Bass Pro Shops moved to rank number three this year. More importantly, they outrank other highly respected brands such as Costco, Nike, IKEA, Nordstrom, and The Disney Store.
For those curious to know who takes the top two spots, it’s Trader Joe’s and The LEGO Store. Of course, trader Joe’s and Bass Pro Shops are a match in my heaven.
Bass Pro Shop Takes a Bite Out of the Market
If you can’t beat them, buy them! But you can’t buy Bass Pro Shop stock. In a blockbuster 5.5 billion dollar deal, Bass Pro Shops acquired rival Cabela’s in September 2017.
With the bidding for Cabela’s, Bass Pro beat out competition from private equity bidder Sycamore Partners. The offer of $65.50 a share in cash represented a 19 percent premium to Cabela’s most recent closing price at the time.
The merger brought together three U.S. top outdoor sporting brands: Cabela’s, which specializes in hunting; Bass Pro Shops, which specializes in fishing; and White River Marine Group, a Bass Pro Shops company specializing in boating.
The company also owns Tracker Marine, which manufactures and sells boats for anglers, and Big Cedar Lodge, a resort in the Ozark Mountains. In addition, Bass Pro Shops is taking over the outdoor living genre.
Bass Pro Stock - Cool to Know Facts
- There are over 30,000 locations across the country.
- According to Forbes, Morris has a net worth of $6.8 billion.
- In 2015, the National Retail Foundation named Johnny Morris one of the “25 People Shaping the Future of Retail.”
- Bass Pro Shop stock is not publicly traded.
- Cabela’s is ranked No. 17 on the most reputable brands nationwide list.
DKS Stock Rover Report 5/23.
Bass Pro Stock - Competitors to Invest In
DICKS Sporting Goods (NYSE: DKS)
As the largest sporting goods retailer in the U.S., DICKS has a lot going for it right now — like strong demand for sporting goods — supporting its revenue growth. Here are a few reasons why you might want to consider investing in Dick’s Sporting Goods.
Despite the ravages of COVID-19 on businesses, Dick’s seems to have come out shining. After a brief pause, Dick’s is recovering quickly and has reopened 80% of its stores.
Further, e-commerce sales rose 110% in the quarter vs. the year-ago period. One would suspect the surge in online sales is attributed to their new curbside contactless pickup service.
For proof, look no further than statements from the chairman and CEO, Edward Stack. He expressed optimism in Dick’s future, saying it had a strong liquidity position at the end of the quarter, with cash and equivalents of $1.5 billion. Will it continue?
Chart by TradingView.
Sportsman Warehouse (SPWH)
Since 1986, Sportsman’s Warehouse has provided outdoor enthusiasts with quality merchandise in a friendly, low-key shopping environment—the American outdoor sporting goods retailer operates in 25 states across the United States, including Alaska.
Shares in Sportsman Warehouse are at their all-time highs despite COVID-19. Plus, the surge in demand resulted in very promising financial results in the first quarter of 2020. We spent a lot of time outdoors in 2020.
Net sales were $247 million, an increase of 42% year-over-year, while firearms and ammunition sales were up 65% and 90%, respectively. Furthermore, shares of the outdoor sporting goods specialty retailer soared 15.61% last month.
Overall, they’ve outpaced the Retail-Wholesale sector’s gain of 9.49% and the S&P 500’s gain of 5.03%. Very impressive!
Before I forget, valuation is also important. Right now, the SPWH has a Forward P/E ratio of 20.29. Why is this important?
In case you didn’t know, the industry average Forward P/E is 33.98. So, it might go out on a limb and conclude that SPWH is trading at a discount comparatively.
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Bass Pro Shop Stock Final Thoughts
Even though you can’t buy Bass Pro Shop Stock, you have other great options. But, before jumping in hook, line, and sinker to buy stock in any company, research. Of course, this also goes for any stock trading community you join.
With seemingly endless options available, it can be overwhelming, not to mention the gurus without formal training in the stock market.
As I said above, do your research. Luckily, by becoming a member of Bullish Bears, you can access the best—industry experts with years of experience.
Frequently Asked Questions
Bass Pro Shops are a privately owned company. There are no shares for investors to purchase.
Bass Pro Shop doesn't have a stock symbol, but traders can invest in their competitors DICKS Sporting Goods (DKS) and Sportsman Warehouse (SPWH).
Bass Pro is a private company which billionaire John L. Morris owns.
