STOCK TITAN

The Buckle, Inc. - BKE STOCK NEWS

Welcome to our dedicated page for The Buckle news (Ticker: BKE), a resource for investors and traders seeking the latest updates and insights on The Buckle stock.

The Buckle, Inc. (BKE) is a prominent retailer of casual apparel, footwear, and accessories, operating over 460 stores across 44 states in the United States. With a dedicated workforce of more than 9,000 teammates, Buckle is renowned for its commitment to creating the most enjoyable shopping experience possible for its guests. This mission has driven Buckle's impressive growth, helping it to exceed $1 billion in sales and establishing it as America's favorite denim destination.

Buckle retails a wide selection of medium to better-priced casual apparel, footwear, and accessories for fashion-conscious young men and women. The company's product offering includes denim, casual bottoms, tops, sportswear, outerwear, accessories, and footwear, with a significant portion of its merchandise featuring brand names. Buckle operates under the brand names 'Buckle' and 'The Buckle', ensuring a consistent and recognizable shopping experience.

Buckle's success is also due to its competitive wages, flexible scheduling, generous employee discounts, and excellent benefits packages for full-time teammates. The company fosters a diverse and inclusive work environment, promoting equal opportunity employment. For more information about career opportunities at Buckle, visit www.buckle.jobs.

In recent developments, Buckle continues to expand its footprint and enhance its product offerings to meet the evolving needs of its customers. The company's agile approach to fashion retailing and its focus on customer satisfaction have positioned it well for sustained growth in the competitive retail market.

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.82%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
none
-
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported a decline in comparable store net sales for the 5-week period ending April 1, 2023, down 10.1% year-over-year. Total net sales for this period fell to $113.4 million from $124.9 million in the previous year. Similarly, for the year-to-date 9-week period, comparable store net sales decreased by 8.8%, with total sales at $195.9 million compared to $212.7 million the previous year. The company operates 439 retail stores across 42 states, having recently closed one store and opened another in Fenton, Missouri. The Buckle is known for its on-trend apparel, particularly denim, appealing to fashion-conscious young consumers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
Tags
none
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) has declared a quarterly dividend of $0.35 per share, authorized during the Board of Directors' meeting on March 20, 2023. Shareholders on record as of April 14, 2023 will receive the payment on April 28, 2023. Buckle is recognized for its high-quality apparel, particularly its denim offerings, and operates 439 retail stores across 42 states. The company's commitment to providing trendy, quality products positions it well in the fashion retail market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
dividends
-
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported strong financial results for the fiscal quarter and year ended January 28, 2023. Net income rose to $87.8 million ($1.78 per share) for the quarter, up from $83.9 million in the same period last year. For the fiscal year, net income was $254.6 million ($5.17 per share), slightly down from $254.8 million year-over-year. Net sales increased by 5.5% to $401.8 million for the quarter and by 3.9% to $1.345 billion for the year. Comparable store sales also saw growth, rising by 4.6% for the quarter and 3.3% for the year. Online sales also improved, showcasing an increase of 2.3% for the quarter and 4.3% for the year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.15%
Tags
-
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported a 6.9% decrease in comparable store net sales for the 4-week fiscal period ending February 25, 2023, compared to the same period last year. Total net sales also fell 6.1% to $82.5 million from $87.9 million. The company is set to announce its fourth quarter and full year fiscal 2022 earnings on March 10, 2023, with a live webcast scheduled for 10:00 a.m. EST. Buckle operates 439 retail stores across 42 states, highlighting its focus on high-quality, on-trend apparel.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.31%
Tags
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported a 6.1% increase in comparable store net sales for the 4-week fiscal month ending January 28, 2023, reaching $69.4 million, compared to $64.9 million the previous year. For the 13-week fiscal quarter, sales grew by 4.6%, totaling $401.8 million, while total net sales for the fiscal year rose by 3.9% to $1.345 billion. The company operates 440 stores across 42 states, with one new store and one closure in January. The Buckle is recognized for its stylish apparel and is a destination for denim.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
none
-
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported a 7.0% increase in comparable store net sales for the 5-week period ending December 31, 2022. Total net sales for this period rose 7.9% to $214.5 million. For the year-to-date 48-week period, comparable store net sales increased 3.2%, with total net sales up 3.7% to $1.276 billion from $1.230 billion the previous year. The company operates 441 stores across 42 states, maintaining a strong market presence in the apparel sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
none
-
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) announced a special cash dividend of $2.65 per share and a quarterly dividend of $0.35 per share. Both dividends are payable on January 27, 2023 to shareholders of record by January 13, 2023, totaling $3.00 per share. Additionally, Shruti S. Joshi was elected to the Board of Directors, enhancing leadership experience in growth strategies. Buckle operates 441 stores across 42 states, focusing on high-quality apparel.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
management dividends
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported a 0.3% decrease in comparable store net sales for the 4-week period ending November 26, 2022, compared to the same period last year. However, net sales for this period rose by 0.5% to $117.9 million. Year-to-date, comparable store net sales increased by 2.4% while total net sales reached $1.061 billion, up 2.9% from the prior year. The company operates 441 retail stores across 42 states, maintaining stable store count from the previous year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
Tags
none

FAQ

What is the current stock price of The Buckle (BKE)?

The current stock price of The Buckle (BKE) is $47.78 as of November 18, 2024.

What is the market cap of The Buckle (BKE)?

The market cap of The Buckle (BKE) is approximately 2.4B.

What does The Buckle, Inc. specialize in?

The Buckle, Inc. specializes in retailing medium to better-priced casual apparel, footwear, and accessories for young men and women.

How many stores does The Buckle, Inc. operate?

The Buckle, Inc. operates over 460 stores across 44 states in the United States.

What is the mission of The Buckle, Inc.?

The mission of The Buckle, Inc. is to create the most enjoyable shopping experience possible for their guests.

How many employees does The Buckle, Inc. have?

The Buckle, Inc. employs over 9,000 teammates.

What are some of the benefits offered by The Buckle, Inc. to its employees?

The Buckle, Inc. offers competitive wages, a flexible schedule, a generous employee discount, and an excellent benefits package for full-time teammates.

Where can I learn more about career opportunities at The Buckle, Inc.?

You can learn more about career opportunities at The Buckle, Inc. by visiting www.buckle.jobs.

What brand names does The Buckle, Inc. retail under?

The Buckle, Inc. retails under the brand names 'Buckle' and 'The Buckle'.

How much in sales has The Buckle, Inc. achieved?

The Buckle, Inc. has exceeded $1 billion in sales.

What types of products does The Buckle, Inc. offer?

The Buckle, Inc. offers a wide selection of casual apparel, footwear, and accessories, including denim, casual bottoms, tops, sportswear, outerwear, accessories, and footwear.

Is The Buckle, Inc. committed to diversity in its workforce?

Yes, The Buckle, Inc. is an equal opportunity employer dedicated to promoting a diverse workforce.

The Buckle, Inc.

NYSE:BKE

BKE Rankings

BKE Stock Data

2.44B
50.77M
39.41%
60.45%
6.1%
Apparel Retail
Retail-family Clothing Stores
Link
United States of America
KEARNEY