The Buckle (BKE) Misses Q1 EPS by 8c; Comps Fall 11.1%
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Revenue Growth %: +3.3%
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NET INCOME: 23.4M
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The Buckle (NYSE: BKE) reported Q1 EPS of $0.48, $0.08 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $243.5 million versus the consensus estimate of $246.13 million.
Comparable store net sales for the 13-week period ended April 30, 2016 decreased 11.1 percent from comparable store net sales for the prior year 13-week period ended May 2, 2015. Online sales decreased 2.8 percent to $23.5 million for the 13-week period ended April 30, 2016, compared to net sales of $24.2 million for the 13-week period ended May 2, 2015.
For earnings history and earnings-related data on The Buckle (BKE) click here.
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