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 4, 2020 increased 5.0 percent from comparable store net sales for the 5-week period ended January 5, 2019. Net sales for the 5-week fiscal month ended January 4, 2020 increased 4.8 percent to $143.9 million from net sales of $137.4 million for the prior year 5-week fiscal month ended January 5, 2019.
Due to the later Thanksgiving holiday this year, Cyber Monday shifted from fiscal November in 2018 to fiscal December in 2019. The increase in online sales for the fiscal month due to this shift positively impacted both total and comparable store net sales. Excluding online sales, brick and mortar comparable store net sales for the 5-week period ended January 4, 2020 increased 1.9 percent from brick and mortar comparable store net sales for the 5-week period ended January 5, 2019.
Comparable store net sales year-to-date for the 48-week period ended January 4, 2020 increased 2.0 percent from comparable store net sales for the 48-week period ended January 5, 2019. Net sales for the 48-week fiscal period ended January 4, 2020 increased 1.6 percent to $853.0 million from net sales of $839.7 million for the prior year 48-week fiscal period ended January 5, 2019.
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 448 retail stores in 42 states which includes the closing of one store earlier this week. The Company operated 452 stores in 43 states as of January 9, 2019. To listen to the Company’s recorded monthly sales commentary, please call (308) 238- 2500.
