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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.

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The Buckle, Inc. (NYSE: BKE) reported substantial sales growth for the 4-week period ending November 27, 2021, with comparable store net sales up 36.0% from the previous year, reaching $117.3 million. Year-to-date, net sales increased 54.2% to $1.031 billion. This showcases the company's strong performance in a competitive retail environment, driven by a unique mix of apparel and accessories targeted at fashion-conscious consumers.

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The Buckle, Inc. (NYSE: BKE) reported a net income of $62.2 million for the fiscal quarter ending October 30, 2021, translating to $1.27 per share. This marks a significant 27.3% increase in net sales to $319.4 million compared to the same quarter last year. For the 39-week period, net sales rose 56.9% to $913.7 million with a net income of $170.9 million, or $3.49 per share. Online sales also witnessed growth, with a 9.0% increase for the quarter and 18.7% for the 39-week period.

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The Buckle, Inc. (NYSE: BKE) reported significant growth in net sales and comparable store sales for the periods ending October 30, 2021. For the 4-week period, net sales increased by 23.6% to $96.5 million. The 13-week third quarter saw a 27.3% rise in net sales to $319.4 million. Year-to-date results reflected a remarkable 56.9% increase in net sales totaling $913.7 million. The company will disclose third quarter earnings on November 19, 2021, and hold a conference call at 10:00 a.m. EST.

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The Buckle, Inc. (NYSE: BKE) reported a significant rise in comparable store net sales, with a 17.8% increase for the 5-week period ending October 2, 2021, compared to the same period in 2020. Overall net sales for the same timeframe reached $111.2 million, a 17.3% increase from $94.9 million last year. Year-to-date figures show a 61.8% rise in comparable store sales and total net sales of $817.1 million, up 62% from $504.4 million in 2020. The company also announced the retirement of Diane L. Applegate, Vice President of Supply Chain and Merchandising Operations, after 38 years of service.

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The Buckle, Inc. (NYSE: BKE) announced a quarterly dividend of $0.33 per share, authorized by its Board of Directors on September 13, 2021. This dividend is payable to shareholders of record on October 15, 2021, with the payment date set for October 29, 2021. Buckle, known for its high-quality apparel and accessories, operates 442 retail stores across 42 states. The company continues to focus on catering to fashion-conscious young men and women, particularly as a denim destination.

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The Buckle, Inc. (NYSE: BKE) reported a significant increase in comparable store net sales for the 4-week period ending August 28, 2021, rising by 42.7% from the previous year, reaching $111.6 million in total net sales. Year-to-date figures also show a 72.0% increase in comparable store net sales compared to the previous year, totaling $705.9 million. The company operates 442 retail stores in 42 states, down from 446 stores as of September 2, 2020, indicating stability in store presence despite closures.

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The Buckle, Inc. (NYSE: BKE) reported a strong fiscal quarter ending July 31, 2021, with net income of $51.4 million, or $1.05 per share, up from $34.7 million a year prior. Net sales surged 36.6% to $295.1 million compared to $216.0 million in Q2 2020. Year-to-date, net sales increased 79.3% to $594.2 million from $331.4 million in the first half of 2020. While online sales dipped 5.5% for the quarter, they rose 24.5% for the half-year. The results reflect recovery from previous store closures due to COVID-19, which significantly affected 2020 sales.

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The Buckle, Inc. (NYSE: BKE) reported a notable increase in net sales for the 4-week fiscal month ending July 31, 2021, rising 33.8% to $93.7 million compared to $70.0 million the previous year. For the 13-week fiscal quarter, net sales grew 36.6% to $295.1 million, from $216.0 million in 2020. Additionally, net sales for the 26-week fiscal period surged 79.3% to $594.2 million versus $331.4 million last year. The company does not plan to report comparable store sales for heavily impacted months due to COVID-19 but will resume regular reporting in August.

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The Buckle, Inc. (NYSE: BKE) reported a 17.8% increase in total net sales, reaching $111.7 million for the 5-week fiscal month ended July 3, 2021, compared to $94.8 million in the same period last year. Year-to-date sales surged by 91.5% to $500.6 million versus $261.4 million in the prior year. Compared to fiscal 2019, 5-week and 22-week sales rose 49.3% and 48.3%, respectively. The company continues to refrain from reporting comparable store sales for the impacted months during the COVID-19 pandemic but will resume regular reporting with August results.

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The Buckle, Inc. (NYSE: BKE) has announced a quarterly dividend of $0.33 per share, which will be distributed to shareholders of record by July 15, 2021, with a payment date on July 29, 2021. This decision reflects the company's ongoing commitment to returning value to its shareholders. Buckle operates 442 retail stores across 42 states and is recognized for its fashionable offerings, particularly in denim. The Board’s decision indicates confidence in the company’s financial health amidst potential market risks.

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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
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