The Buckle December comps drop 5.4%

Year-to-date, comps are down 4% for the industry customer.

Published: January 7, 2016 Press Release

KEARNEY, NE — The Buckle, Inc. (NYSE: BKE) announced today that comparable store net sales, for stores open at least one year, for the 5-week period ended January 2, 2016 decreased 5.4 percent from comparable store net sales for the 5-week period ended January 3, 2015.

Net sales for the 5-week fiscal month ended January 2, 2016 decreased 4.5 percent to $182.1 million from net sales of $190.6 million for the prior year 5-week fiscal month ended January 3, 2015.

Comparable store net sales year-to-date for the 48-week period ended January 2, 2016 decreased 4.0 percent from comparable store net sales for the 48-week period ended January 3, 2015. Net sales for the 48-week fiscal period ended January 2, 2016 decreased 2.5 percent to $1.067 billion from net sales of $1.094 billion for the prior year 48-week fiscal period ended January 3, 2015.

About Buckle

Offering a unique mix of high-quality, on-trend apparel, accessories, and footwear, Buckle caters to fashion-conscious young men and women. Known as a denim destination, each store carries a wide selection of fits, styles, and finishes from leading denim brands, including the Company’s exclusive brand, BKE. Headquartered in Kearney, Nebraska, Buckle currently operates 469 retail stores in 44 compared to 463 stores in 44 states as of January 7, 2015.

Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series