Last Updated on 06/29/2021 by GS Staff
Q: Can you buy Bass Pro stock?
No, you cannot buy Bass Pro Shops stock. The company is a privately owned business and not publicly traded. Bass Pro Shops does not have a stock symbol since it is not a public company.
Will Bass Pro ever be a public stock?
We have no evidence that Bass Pro Shops will ever be a publicly-traded entity. You should expect them to remain private unless they announce an initial public offering (IPO) in the future. An IPO is a process of issuing shares of a private company to the public for purchase.
Bass Pro Shops & Cabela’s
Bass Pro acquired Cabela’s for $5.5 billion in September of 2017. Cabela’s was a public company prior to being acquired. It traded under the stock symbol CAB on the New York Stock Exchange. Once Cabela’s merged with Bass Pro, it no longer traded on the stock exchange since it was acquired by the private Bass Pro Shops.
Keep in mind that while Bass Pro and Cabela’s have their own stores/websites, they are both controlled by Bass Pro under the leadership of the CEO, John Morris. Morris is the founder of Bass Pro who started the company in 1972 by first selling fishing equipment.
Public Competitors of Bass Pro
Here is a list of companies that are publicly traded and compete with Bass Pro. You may wish to research these companies for a potential investment.
Dick’s – Dick’s Sporting Goods trades under the symbol DKS. It is the largest sporting goods retailer in the United States. It had 850 stores in all but three states as of February 2020. Field & Stream is a subsidiary of Dick’s.
Sportsman’s Warehouse – The company trades on the Nasdaq under SPWH. However, the owners of Bass Pro recently announced that they would purchase this company for $18.00 per share in cash. The deal is anticipated to close sometime in the summer or fall of 2021. Sportsman’s Warehouse went public in 2014 and is headquartered in Jordan, Utah. As of April 2020, it had 106 stores in 27 states with many stores concentrated in the American West. The hunting and shooting products that it sells account for the most sales out of any other category for the business.
We should also mention Gander Outdoor. While it’s not a public company, it is one of Bass Pro’s biggest competitors. They have approximately 32 stores in the U.S. with a strong presence in the eastern United States.
Featured Image Credit – James Case/flickr