The Buckle (BKE) March comps fell 10.1%
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.3%
Revenue Growth %: +3.3%
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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 fiscal period ended April 1, 2023 decreased 10.1 percent from comparable store net sales for the 5-week period ended April 2, 2022. Net sales for the 5-week fiscal month ended April 1, 2023 decreased 9.2 percent to $113.4 million from net sales of $124.9 million for the prior year 5-week fiscal month ended April 2, 2022.
Comparable store net sales year-to-date for the 9-week period ended April 1, 2023 decreased 8.8 percent from comparable store net sales for the 9-week period ended April 2, 2022. Net sales for the 9-week fiscal period ended April 1, 2023 decreased 7.9 percent to $195.9 million compared to net sales of $212.7 million for the prior year 9-week fiscal period ended April 2, 2022.
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