The Buckle Posts Positive Sales in July

Comparable store sales rose 2.3% in July for the industry customer.
Published: August 9, 2018 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 4-week period ended August 4, 2018 increased 2.3 percent from comparable store net sales for the 4-week period ended August 5, 2017. Net sales for the 4-week fiscal month ended August 4, 2018 increased 12.3 percent to $68.0 million from net sales of $60.6 million for the prior year 4-week fiscal month ended July 29, 2017.

Comparable store net sales for the 13-week second quarter ended August 4, 2018 increased 1.4 percent from comparable store net sales for the 13-week period ended August 5, 2017. Net sales for the 13-week fiscal quarter ended August 4, 2018 increased 2.8 percent to $201.1 million from net sales of $195.7 million for the prior year 13-week fiscal quarter ended July 29, 2017.

Comparable store net sales for the 26-week year-to-date period ended August 4, 2018 decreased 0.9 percent from comparable store net sales for the 26-week period ended August 5, 2017. Net sales for the 26-week fiscal period ended August 4, 2018 decreased 0.5 percent to $406.0 million from net sales of $407.9 million for the prior year 26-week fiscal period ended July 29, 2017.

Due to the 53rd week in fiscal 2017, comparable store net sales for the month, quarter, and year-to-date periods are compared to the 4-week, 13-week, and 26-week periods ended August 5, 2017.

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 455 retail stores in 43 states compared to 463 stores in 44 states as of August 9, 2017.

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