The Buckle (BKE) Tops Q1 EPS by 2c, Miss on Revenues

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Go back to The Buckle (BKE) Tops Q1 EPS by 2c, Miss on Revenues

The Buckle, Inc. Reports First Quarter Net Income

May 25, 2018 6:50 AM EDT

KEARNEY, Neb.--(BUSINESS WIRE)-- The Buckle, Inc. (NYSE: BKE) announced today that net income for the fiscal quarter ended May 5, 2018 was $18.3 million, or $0.38 per share ($0.38 per share on a diluted basis).

Net sales for the 13-week fiscal quarter ended May 5, 2018 decreased 3.5 percent to $204.9 million from net sales of $212.3 million for the prior year 13-week fiscal quarter ended April 29, 2017. Comparable store net sales for the 13-week period ended May 5, 2018 decreased 3.1 percent from comparable store net sales for the prior year 13-week period ended May 6, 2017. Online sales increased 6.1 percent to $23.1 million for the 13-week... More