The Buckle (BKE) May Comps Increase 3.6%

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 June 2, 2018 increased 3.6 percent from comparable store net sales for the 4-week period ended June 3, 2017. Net sales for the 4-week fiscal month ended June 2, 2018 increased 1.2 percent to $62.2 million from net sales of $61.5 million for the prior year 4-week fiscal month ended May 27, 2017.

Comparable store net sales year-to-date for the 17-week period ended June 2, 2018 decreased 1.6 percent from comparable store net sales for the 17-week period ended June 3, 2017. Net sales for the 17-week fiscal period ended June 2, 2018 decreased 2.4 percent to $267.1 million from net sales of $273.7 million for the prior year 17-week fiscal period ended May 27, 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 4-week and 17-week periods ended June 3, 2017.

The Buckle, Inc. also announced today that Kyle L. Hanson will resign from her position as Vice President, General Counsel, and Corporate Secretary effective June 16, 2018 to pursue another opportunity. Dennis H. Nelson, President and CEO, commented, “We would like to thank Kyle for her 20 years of commitment and dedication to Buckle and wish her all the best in her future endeavors.”

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