The Buckle (BKE) July Comps Decline 8.4%

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 July 29, 2017 decreased 8.4 percent in comparison to comparable store net sales for the 4-week period ended July 30, 2016. Net sales for the 4-week fiscal month ended July 29, 2017 decreased 9.0 percent to $60.6 million compared to net sales of $66.5 million for the prior year 4-week fiscal month ended July 30, 2016.

Comparable store net sales for the 13-week second quarter ended July 29, 2017 decreased 7.7 percent from comparable store net sales for the 13-week period ended July 30, 2016. Net sales for the 13-week fiscal quarter ended July 29, 2017 decreased 7.8 percent to $195.7 million from net sales of $212.2 million for the prior year 13-week fiscal quarter ended July 30, 2016.

Comparable store net sales year-to-date for the 26-week period ended July 29, 2017 decreased 10.3 percent from comparable store net sales for the 26-week period ended July 30, 2016. Net sales for the 26-week fiscal period ended July 29, 2017 decreased 10.5 percent to $407.9 million from net sales of $455.7 million for the prior year 26-week fiscal period ended July 30, 2016.

The Company will announce second quarter earnings the morning of Thursday, August 17, 2017. Management will hold a conference call at 10:00 a.m. EDT on August 17, 2017 to discuss results for the quarter. To participate in the call, please call (800) 230-1059 for domestic calls or (612) 234-9959 for international calls and reference the conference code 428167. A replay of the call will be available for a two-week period beginning August 17, 2017 at 12:00 p.m. EDT by calling (800) 475-6701 for domestic calls or (320) 365-3844 for international calls and entering the conference code 428167.

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