Buckle Inc Stock Price, News & Analysis

The Buckle (NYSE: BKE) reported positive sales growth for March 2025. The company's comparable store net sales for stores open at least one year increased 3.7% during the 5-week period ended April 5, 2025. Total net sales for the same period rose 4.5% to $109.1 million, compared to $104.3 million in the previous year.

Year-to-date performance also showed growth, with comparable store net sales increasing 1.6% for the 9-week period ended April 5, 2025. Total net sales for this period reached $186.6 million, representing a 2.2% increase from $182.6 million in the prior year.

The Buckle (NYSE: BKE) has declared a quarterly dividend of $0.35 per share, payable on April 29, 2025, to shareholders of record as of April 15, 2025. Additionally, the company announced the appointment of Justin D. Ellison as Vice President of Information Security, effective February 28, 2025.

Ellison, who has been with Buckle since December 2005, was promoted from his previous role as Senior Director of Information Security. According to CEO Dennis H. Nelson, Ellison has played a important role in leading the company's cybersecurity risk management and strategic initiatives during his nearly 20-year tenure.

The Buckle (NYSE: BKE) reported its Q4 and fiscal year 2024 financial results. For Q4, the company posted net income of $77.2 million, or $1.54 per share, with quarterly net sales decreasing 0.8% to $379.2 million. However, comparable store sales increased 3.9%, and online sales grew 6.4% to $69.7 million.

For the full fiscal year 2024, Buckle reported net income of $195.5 million, or $3.92 per share. Annual net sales declined 3.4% to $1.218 billion, with comparable store sales decreasing 2.7%. Online sales for the year fell 4.3% to $197.7 million compared to the previous year's $206.5 million.

The Buckle (NYSE: BKE) reported its February 2025 sales performance, showing a decline in both comparable store and net sales. Comparable store net sales for stores open at least one year decreased by 1.3% for the 4-week period ended March 1, 2025, compared to the same period in 2024. Total net sales for the fiscal month dropped 0.9% to $77.6 million from $78.2 million in the prior year.

The company has scheduled its fourth quarter and full year fiscal 2024 earnings announcement for March 14, 2025, with management hosting a live audio webcast at 10:00 a.m. EDT to discuss the quarterly results.

The Buckle (NYSE: BKE) reported mixed financial results for January 2025. While comparable store net sales for stores open at least one year showed a 4.4% increase in the 4-week period ended February 1, 2025, total net sales decreased 18.0% to $59.5 million compared to $72.6 million in the prior year's 5-week period.

For the fourth quarter, comparable store sales increased 3.9%, though net sales slightly decreased by 0.8% to $379.2 million. The fiscal year 2025 showed broader challenges, with comparable store sales declining 2.7% year-to-date and total net sales dropping 3.4% to $1.218 billion from $1.261 billion in the previous year.

It's important to note that January 2025 was a 4-week fiscal period compared to January 2024's 5-week period, affecting the year-over-year comparisons.

The Buckle (NYSE: BKE) reported mixed sales results for December 2024. While comparable store net sales for the 5-week period ended January 4, 2025, showed a 4.6% increase compared to the same period last year, overall net sales decreased by 0.8% to $202.1 million from $203.8 million.

For the broader 48-week period ended January 4, 2025, the company experienced declining performance, with comparable store net sales dropping 3.0%. Total net sales for this period decreased by 2.6% to $1.158 billion, compared to $1.189 billion in the previous year. These comparisons account for the 53rd week in fiscal 2023.

The Buckle (NYSE: BKE) has announced two dividend payments following its quarterly Board of Directors meeting on December 9, 2024. The company will distribute a special cash dividend of $2.50 per share alongside a quarterly dividend of $0.35 per share, totaling $2.85 per share. Both dividends will be paid to shareholders of record as of January 15, 2025, with the payment scheduled for January 29, 2025.

The Buckle (NYSE: BKE) reported its November 2024 sales performance with mixed results. For the 4-week period ended November 30, 2024, the company saw positive growth with comparable store net sales increasing 2.5% and total net sales rising 10.8% to $117.5 million from $106.0 million in the prior year.

However, the year-to-date performance shows some challenges, with comparable store net sales for the 43-week period declining 4.5%. Total net sales for this period decreased 2.9% to $956.0 million compared to $984.8 million in the previous year.

The Buckle (NYSE: BKE) reported Q3 fiscal 2024 financial results with net income of $44.2 million, or $0.89 per share. Net sales decreased 3.2% to $293.6 million compared to $303.5 million in the prior year quarter. Comparable store sales declined 0.7%, while online sales increased 1.1% to $46.6 million. For the 39-week period, net sales decreased 4.6% to $838.5 million, with comparable store sales down 5.4% and online sales declining 9.2% to $128.0 million.