The Buckle (BKE) Comps Rose 0.5% in July
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.3%
Revenue Growth %: +1.7%
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The Buckle (NYSE: BKE) announced that comparable store net sales, for stores open at least one year, for the 4-week period ended August 2, 2014 increased 0.5 percent from comparable store net sales for the 4-week period ended August 3, 2013. Net sales for the 4-week fiscal period ended August 2, 2014 increased 2.3 percent to $79.0 million from net sales of $77.2 million for the prior year 4-week fiscal period ended August 3, 2013.
Comparable store net sales for the 13-week second quarter ended August 2, 2014 decreased 0.5 percent from comparable store net sales for the 13-week period ended August 3, 2013. Net sales for the 13-week fiscal quarter ended August 2, 2014 increased 1.4 percent to $235.7 million from net sales of $232.5 million for the prior year 13-week fiscal quarter ended August 3, 2013.
Comparable store net sales year-to-date for the 26-week period ended August 2, 2014 decreased 0.7 percent from comparable store net sales for the 26-week period ended August 3, 2013. Net sales for the 26-week fiscal period ended August 2, 2014 increased 1.0 percent to $507.4 million from net sales of $502.2 million for the prior year 26-week fiscal period ended August 3, 2013.
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