The Buckle (BKE) June Comps Declined 1.2%
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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 July 7, 2018 decreased 1.2 percent from comparable store net sales for the 5-week period ended July 8, 2017. Net sales for the 5-week fiscal month ended July 7, 2018 decreased 3.8 percent to $70.9 million from net sales of $73.6 million for the prior year 5-week fiscal month ended July 1, 2017.
Comparable store net sales year-to-date for the 22-week period ended July 7, 2018 decreased 1.5 percent from comparable store net sales for the 22-week period ended July 8, 2017. Net sales for the 22-week fiscal period ended July 7, 2018 decreased 2.7 percent to $338.0 million from net sales of $347.3 million for the prior year 22-week fiscal period ended July 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 22-week periods ended July 8, 2017.
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