The Buckle (BKE) Misses Q1 EPS by 4c, Comps Decline 1.3%

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Go back to The Buckle (BKE) Misses Q1 EPS by 4c, Comps Decline 1.3%

The Buckle, Inc. Reports First Quarter Net Income

May 24, 2019 6:50 AM EDT

KEARNEY, Neb.--(BUSINESS WIRE)-- The Buckle, Inc. (NYSE: BKE) announced today that net income for the fiscal quarter ended May4, 2019 was $15.1 million, or $0.31 per share ($0.31 per share on a diluted basis).

Net sales for the 13-week fiscal quarter ended May4, 2019 decreased 1.7 percent to $201.3 million from net sales of $204.9 million for the prior year 13-week fiscal quarter ended May5, 2018. Comparable store net sales for the 13-week period ended May4, 2019 decreased 1.3 percent from comparable store net sales for the prior year 13-week period ended May5, 2018. Online sales increased 5.6 percent to $24.4 million for the 13-week... More