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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.
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.
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.
The Buckle, Inc. (NYSE: BKE) reported a 2.7% increase in comparable store net sales for the 5-week period ended
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.
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
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.
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.
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
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.
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