The Buckle (BKE) Reports March Sales Comps Down 1.1%
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Revenue Growth %: -5.2%
Financial Fact:
SALES, Net of returns and allowances: 239.21M
Today's EPS Names:
NLY, CP, RUSHA, More
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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 April 7, 2018 decreased 1.1 percent from comparable store net sales for the 5-week period ended April 8, 2017. Net sales for the 5-week fiscal month ended April 7, 2018 decreased 5.2 percent to $82.3 million from net sales of $86.8 million for the prior year 5-week fiscal month ended April 1, 2017.
Comparable store net sales year-to-date for the 9-week period ended April 7, 2018 decreased 3.0 percent from comparable store net sales for the 9-week period ended April 8, 2017. Net sales for the 9-week fiscal period ended April 7, 2018 decreased 2.2 percent to $146.3 million from net sales of $149.6 million for the prior year 9-week fiscal period ended April 1, 2017.
Due to the 53rd week in fiscal 2017, comparable store net sales for the month and year-to-date periods are compared to the 5-week and 9-week periods ended April 8, 2017.
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