The Buckle (BKE) Reports March 2021 Net Sales
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The Buckle, Inc. (NYSE: BKE) announced today that net sales for the 5-week fiscal month ended April 3, 2021 increased 240.2 percent to $139.4 million from net sales of $41.0 million for the prior year 5-week fiscal month ended April 4, 2020. Compared to the same 5-week period in fiscal 2019, net sales increased 69.5 percent from net sales of $82.3 million for the 5-week fiscal month ended April 6, 2019.
Net sales for the 9-week fiscal period ended April 3, 2021 increased 97.7 percent to $205.5 million from net sales of $104.0 million for the prior year 9-week fiscal period ended April 4, 2020. Compared to the same 9-week period in fiscal 2019, net sales increased 45.0 percent from net sales of $141.7 million for the 9-week fiscal period ended April 6, 2019.
Net sales for fiscal 2020 were significantly impacted by the Company’s closure of all brick and mortar stores due to the COVID-19 pandemic beginning March 18, 2020. As a result of the impact of the store closures on prior year reported net sales, the Company will report total net sales each month compared to the past two years and does not plan to separately report comparable store sales for the months most affected by the store closures. The Company plans to resume its regular monthly reporting with its August results.
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