The Buckle Posts Strong January

The Buckle reports January net sales.
Published: February 6, 2020 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 February 1, 2020 increased 7.4 percent from comparable store net sales for the 4-week period ended February 2, 2019. Net sales for the 4-week fiscal month ended February 1, 2020 increased 3.2 percent to $47.2 million from net sales of $45.8 million for the prior year 4-week fiscal month ended February 2, 2019.

Comparable store net sales for the 13-week fourth quarter ended February 1, 2020 increased 3.3 percent from comparable store net sales for the 13-week period ended February 2, 2019. Net sales for the 13-week fiscal fourth quarter ended February 1, 2020 increased 2.5 percent to $271.0 million compared to net sales of $264.4 million for the prior year 13-week fiscal fourth quarter ended February 2, 2019.

Comparable store net sales year-to-date for the 52-week period ended February 1, 2020 increased 2.2 percent from comparable store net sales for the 52-week period ended February 2, 2019. Net sales for the 52-week fiscal period ended February 1, 2020 increased 1.7 percent to $900.3 million from net sales of $885.5 million for the prior year 52-week fiscal period ended February 2, 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 opening of one new youth store in Twin Falls, Idaho and the closing of two stores during fiscal January. The Company operated 450 stores in 42 states as of February 6, 2019. To listen to the Company’s recorded monthly sales commentary, please call (308) 238-2500.

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