Buckle Inc Stock Price, News & Analysis

The Buckle, Inc. (NYSE: BKE) reported a 1.7% decline in comparable store net sales for the five-week period ending July 2, 2022, compared to the same period last year. Total net sales fell 1.5% to $110 million. However, for the year-to-date 22-week period, comparable store net sales increased by 2.8%, with total sales rising 2.6% to $513.4 million. Buckle operates 441 stores across 42 states and recently opened a new location in Colorado Springs, Colorado.

The Buckle, Inc. (NYSE: BKE) declared a quarterly dividend of $0.35 per share at its board meeting on June 6, 2022. Shareholders on record as of July 15, 2022 will receive the dividend, with payment scheduled for July 29, 2022. Buckle specializes in fashion-forward apparel, accessories, and footwear, primarily for young adults, operating 440 retail stores across 42 states.

The Buckle, Inc. (NYSE: BKE) reported a 5.3% increase in comparable store net sales for the 4-week period ended May 28, 2022, compared to the same period in 2021. Net sales reached $94.3 million, up from $89.7 million year-over-year, marking a 5.1% rise. Year-to-date, net sales increased by 3.7% to $403.4 million, up from $388.9 million in the prior year for the 17-week period. The company operates 440 stores in 42 states, slightly down from 441 stores in 2021. Forward-looking statements include risks that could impact financial results.

The Buckle, Inc. (NYSE: BKE) reported a net income of $55.3 million for the fiscal quarter ending April 30, 2022, translating to $1.12 per share. This marks a slight decrease from $57.3 million or $1.17 per share in the same quarter last year. Net sales for the quarter rose by 3.3% to $309.1 million, compared to $299.1 million in the previous year. Comparable store sales increased by 3.7%, while online sales grew 1.1% to $54.3 million.

The Buckle, Inc. (NYSE: BKE) reported an increase in comparable store net sales for the 4-week period ending April 30, 2022, rising by 2.8% to $96.3 million compared to the previous year. For the 13-week first quarter ending April 30, 2022, comparable store net sales grew by 3.7%, with total net sales reaching $309.1 million, a 3.3% increase year-over-year. The company will announce its first quarter earnings on May 26, 2022, followed by a conference call.

The Buckle, Inc. (NYSE: BKE) reported a 9.7% decline in comparable store net sales for the 5-week period ending April 2, 2022, compared to the same period the previous year. Total net sales decreased by 10.4%, reaching $124.9 million from $139.4 million. However, year-to-date comparable store sales for the 9-week period increased 4.1%, with net sales of $212.7 million, up from $205.5 million a year earlier. The company operates 439 stores, down from 442 stores in April 2021.

The Buckle, Inc. (NYSE: BKE) announced a quarterly dividend of $0.35 per share, to be paid to shareholders on April 28, 2022. Shareholders must be on record by the close of business on April 14, 2022. Buckle operates 439 retail stores across 42 states, offering a unique selection of apparel, accessories, and footwear, especially known for denim products. The Company emphasizes that forward-looking statements carry risks that might lead to different outcomes than expected.

The Buckle, Inc. (NYSE: BKE) reported strong financial results for the fiscal quarter and year ending January 29, 2022. Net income for Q4 reached $83.9 million ($1.71 per share), up from $65.6 million in Q4 2020. For the fiscal year, net income was $254.8 million ($5.20 per share), a significant increase from $130.1 million in the previous year. Net sales for the Q4 increased 19.5% to $380.9 million, while annual sales grew 43.6% to $1.295 billion. Comparable store sales surged 20.0% and 43.8% for Q4 and the fiscal year, respectively.

The Buckle, Inc. (NYSE: BKE) reported a significant rise in comparable store net sales, up by 33.3% for the 4-week period ending February 26, 2022, compared to the same period last year. Overall net sales reached $87.9 million, a 32.9% increase from $66.1 million in February 2021. The company plans to announce its fourth quarter and full year fiscal 2021 earnings on March 11, 2022, at 10:00 a.m. EST.