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

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
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported a net income of $61.4 million, or $1.25 per share, for the quarter ending October 29, 2022. This represents a 4.0 percent increase in net sales to $332.3 million compared to the same quarter last year. Comparable store net sales rose 3.0 percent, while online sales grew 8.8 percent to $55.0 million. For the 39-week period, net sales increased 3.3 percent to $943.4 million, although net income for this period decreased to $166.8 million, or $3.39 per share, down from $170.9 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.45%
Tags
none
-
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported an increase in comparable store net sales for the 4-week period ending October 29, 2022, up 1.4% year-over-year, reaching $98.8 million. For the third quarter, comparable store sales rose 3.0%, leading to net sales of $332.3 million, a 4.0% increase from the previous year. Year-to-date sales for the 39-week period also saw a 2.8% rise, totaling $943.4 million. The third quarter earnings announcement is scheduled for November 18, 2022, at 10:00 a.m. EST.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
none
-
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported a 2.7% increase in comparable store net sales for the 5-week period ended October 1, 2022, compared to the same period in 2021. Overall net sales rose 3.8% to $115.5 million from $111.2 million. Year-to-date comparable store net sales increased 2.9% for the 35-week period, leading to total net sales of $844.6 million, up 3.4% from $817.1 million in the previous year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
none
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) announced a quarterly dividend of $0.35 per share, approved during the Board of Directors meeting on September 12, 2022. This dividend is set to be paid to shareholders on record as of the close of business on October 14, 2022, with a payment date of October 28, 2022.

Buckle operates 441 retail stores across 42 states, focusing on high-quality apparel and denim for fashion-conscious young consumers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.05%
Tags
dividends
-
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported a 4.6% increase in comparable store net sales for the 4-week period ending August 27, 2022, compared to the prior year. Total net sales for this period rose to $118.0 million, a 5.8% increase from $111.6 million in August 2021. Year-to-date comparable store net sales for the 30-week period also increased by 2.9%, totaling $729.1 million, up 3.3% from $705.9 million in 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
none
-
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported net income of $50.1 million for the fiscal quarter ending July 30, 2022, equating to $1.02 per share. This marks a 2.3% increase in net sales to $302 million compared to $295.1 million the previous year. Comparable store net sales rose by 1.6%, while online sales grew by 6.5%, reaching $46.2 million. For the 26-week period, net sales increased by 2.8% to $611 million. However, net income for the second quarter declined from $51.4 million last year, reflecting broader market challenges.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
Tags
none
Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported an increase in comparable store net sales for the 4-week period ending July 30, 2022, rising 1.8% to $97.7 million, compared to $93.7 million in the same period last year. For the second quarter, net sales reached $302.0 million, up 2.3% from $295.1 million year-over-year. Year-to-date sales also grew by 2.8% to $611.0 million. The company will announce its second-quarter earnings on August 19, 2022, with a conference call at 10:00 a.m. EDT.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
none

FAQ

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

The current stock price of The Buckle (BKE) is $50.88 as of December 20, 2024.

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

The market cap of The Buckle (BKE) is approximately 2.6B.

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

2.56B
30.62M
39.41%
60.99%
5.44%
Apparel Retail
Retail-family Clothing Stores
Link
United States of America
KEARNEY