Cabela’s Incorporated
Advisory Information for Investors
Cautionary Language Regarding Forward-Looking Statements

Our webcasts may include “forward-looking statements” that are based on our beliefs, assumptions, and expectations of future events, taking into account the information currently available to us. All statements other than statements of current or historical fact contained in our webcasts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act. The words “believe,” “may,” “should,” “anticipate,” “estimate,” “expect,” “intend,” “objective,” “seek,” “plan,” and similar statements are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that may cause our actual results, performance, or financial condition to differ materially from the expectations of future results, performance, or financial condition we express or imply in any forward-looking statements. These risks and uncertainties include, but are not limited to: the state of the economy and the level of discretionary consumer spending, including changes in consumer preferences and demographic trends; adverse changes in the capital and credit markets or the availability of capital and credit; our ability to successfully execute our omni-channel strategy; increasing competition in the outdoor sporting goods industry and for credit card products and reward programs; the cost of our products, including increases in fuel prices; the availability of our products due to political or financial instability in countries where the goods we sell are manufactured; supply and delivery shortages or interruptions, and other interruptions or disruptions to our systems, processes, or controls, caused by system changes or other factors; increased or adverse government regulations, including regulations relating to firearms and ammunition; our ability to protect our brand, intellectual property, and reputation; the outcome of litigation, administrative, and/or regulatory matters (including a Commissioner's charge we received from the Chair of the U. S. Equal Employment Opportunity Commission in January 2011); our ability to manage credit, liquidity, interest rate, operational, legal, and compliance risks; our ability to increase credit card receivables while managing credit quality; our ability to securitize our credit card receivables at acceptable rates or access the deposits market at acceptable rates; the impact of legislation, regulation, and supervisory regulatory actions in the financial services industry, including the Dodd-Frank Wall Street Reform and Consumer Protection Act; and other risks, relevant factors and uncertainties identified in our filings with the SEC (including the information set forth in the "Risk Factors" section of our Form 10-K for the fiscal year ended December 29, 2012), which filings are available at our website at www.cabelas.com and the SEC's website at www.sec.gov. Given the risks and uncertainties surrounding forward-looking statements, you should not place undue reliance on these statements. Our forward-looking statements speak only as of the date they are made. Other than as required by law, we undertake no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.
                                                               
Our webcasts also may include certain non-GAAP financial measures. Reconciliations of these measurements to GAAP are provided on the Investor Relations section of our website or in our filings with the SEC, which filings are available at our website at www.cabelas.com or the SEC’s website at www.sec.gov.