The Buckle’s Comp Sales Fall 1.3% in July

The company will announce second quarter earnings on Friday, Aug. 18.
Published: August 3, 2023 Press Release

The Buckle, Inc. (NYSE: BKE) announced today that comparable store net sales, for stores open at least one year, for the 4-week period ended July 29, 2023 decreased 1.3 percent from comparable store net sales for the 4-week period ended July 30, 2022. Net sales for the 4-week fiscal month ended July 29, 2023 decreased 2.6 percent to $95.1 million from net sales of $97.7 million for the prior year 4-week fiscal month ended July 30, 2022.

Buckle logo resizedComparable store net sales for the 13-week second quarter ended July 29, 2023 decreased 3.3 percent from comparable store net sales for the 13-week period ended July 30, 2022. Net sales for the 13-week fiscal second quarter ended July 29, 2023 decreased 3.2 percent to $292.4 million compared to net sales of $302.0 million for the prior year 13-week fiscal second quarter ended July 30, 2022.

Comparable store net sales year-to-date for the 26-week period ended July 29, 2023 decreased 6.3 percent from comparable store net sales for the 26-week period ended July 30, 2022. Net sales for the 26-week fiscal period ended July 29, 2023 decreased 5.9 percent to $575.3 million compared to net sales of $611.0 million for the prior year 26-week fiscal period ended July 30, 2022.

The Company will announce second quarter earnings on Friday, August 18, 2023. Management will hold a live audio webcast at 10:00 a.m. EDT on August 18, 2023 to discuss results for the quarter. To register for the live event, visit https://buckle.zoom.us/webinar/register/WN_YFkU-QZnRgqRIIMBN2YIOg. A replay of the event can be accessed through Buckle’s investor relations website within twenty-four hours after the conclusion of the live event (https://corporate.buckle.com/investors/earnings-webcasts).

About Buckle

Buckle is a specialty retailer focused on delivering exceptional service and style through unforgettable experiences. Offering a curated mix of high-quality, on-trend apparel, accessories, and footwear, Buckle is for those living the styled life. 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 440 retail stores in 42 states. The Company operated 442 stores in 42 states as of August 3, 2022. To listen to the Company’s recorded monthly sales commentary, please call (308) 238-2500.

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