The Buckle (BKE) Dec. Comps Decline 0.2%
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Revenue Growth %: +3.3%
Financial Fact:
NET INCOME: 23.4M
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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 January 5, 2019 decreased 0.2 percent from comparable store net sales for the 5-week period ended January 6, 2018. Net sales for the 5-week fiscal month ended January 5, 2019 decreased 6.7 percent to $137.4 million from net sales of $147.2 million for the prior year 5-week fiscal month ended December 30, 2017.
Comparable store net sales for the 48-week year-to-date period ended January 5, 2019 decreased 0.9 percent from comparable store net sales for the 48-week period ended January 6, 2018. Net sales for the 48-week fiscal period ended January 5, 2019 decreased 2.1 percent to $839.7 million from net sales of $857.6 million for the prior year 48-week fiscal period ended December 30, 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 48-week periods ended January 6, 2018.
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