The Buckle (BKE) Jan. Comps Increase 0.2%

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 February 3, 2018 increased 0.2 percent from comparable store net sales for the 5-week period ended February 4, 2017. Net sales for the 5-week fiscal month ended February 3, 2018 increased 27.1 percent to $55.7 million from net sales of $43.9 million for the prior year 4-week fiscal month ended January 28, 2017.

January 2018 was a 5-week fiscal period, ending Buckle’s 53-week fiscal year. The prior January was a 4-week fiscal period, ending a 52-week fiscal year. Comparable store net sales for the month, quarter, and year-to-date periods are compared to the 5-week, 14-week, and 53-week periods ended February 4, 2017.

Comparable store net sales for the 14-week fourth quarter ended February 3, 2018 decreased 3.2 percent from comparable store net sales for the 14-week period ended February 4, 2017. Net sales for the 14-week fiscal fourth quarter ended February 3, 2018 increased 0.4 percent to $281.2 million compared to net sales of $280.0 million for the prior year 13-week fiscal fourth quarter ended January 28, 2017.

Comparable store net sales year-to-date for the 53-week period ended February 3, 2018 decreased 7.2 percent from comparable store net sales for the 53-week period ended February 4, 2017. Net sales for the 53-week fiscal year ended February 3, 2018 decreased 6.3 percent to $913.4 million from net sales of $974.9 million for the prior year 52-week fiscal year ended January 28, 2017.

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