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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 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.
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.
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.
The Buckle, Inc. (BKE) reported a robust increase in net sales for the 4-week fiscal month ended May 29, 2021, soaring 75.4% to $89.7 million compared to $51.2 million in the same period last year. Year-to-date for the 17-week fiscal period, net sales surged 133.4% to $388.9 million from $166.6 million. The company acknowledged the significant impact of COVID-19 on fiscal 2020 net sales, attributing it to store closures. Additionally, Robert M. Carlberg, Senior VP of Men’s Merchandising, will retire at the end of the fiscal year after 37 years with the company.
The Buckle, Inc. (NYSE: BKE) reported a net income of $57.3 million, or $1.17 per share, for Q1 2021, a significant turnaround from a net loss of $11.8 million in Q1 2020. Net sales surged 159.2% to $299.1 million, compared to $115.4 million in the same period last year. Online sales increased 67.3% to $53.7 million. The company will not report comparable store sales for the periods significantly impacted by COVID-19 store closures, affecting prior year sales data.
The Buckle, Inc. (NYSE: BKE) reported a remarkable surge in sales for the fiscal month ending May 1, 2021, with total net sales rising by 718.0% to $93.6 million from $11.4 million year-over-year. For the 13-week fiscal quarter, net sales increased 159.2% to $299.1 million compared to $115.4 million in the previous year. The company plans to provide regular monthly reporting beginning with its August results, following significant impacts to sales from COVID-related store closures.
Buckle, Inc. (NYSE: BKE) reported a substantial rise in net sales for the 5-week fiscal month ending April 3, 2021, with an increase of 240.2% to $139.4 million compared to $41.0 million in the same period last year. For the 9-week period, net sales jumped 97.7% to $205.5 million from $104.0 million a year prior. The previous year’s sales were heavily impacted by pandemic-related store closures. The company plans to resume regular monthly reporting starting in August.
The Buckle, Inc. (NYSE: BKE) announced a $0.33 per share quarterly dividend at its Board meeting on March 22, 2021, marking a 10% increase from the previous amount. This dividend will be paid to shareholders of record by April 15, 2021, with a payment date set for April 29, 2021. Additionally, Brady M. Fritz has been appointed as Vice President, General Counsel, and Corporate Secretary, effective immediately upon Board approval. Buckle operates 442 retail stores across 42 states, specializing in high-quality apparel and denim.
The Buckle, Inc. (NYSE: BKE) reported a robust fiscal performance for the quarter and year ending January 30, 2021. Net income for Q4 surged to $65.6 million, translating to $1.34 per share, compared to $47.0 million in Q4 FY2019. Total net sales for the quarter rose by 17.7% to $318.8 million, while comparable store net sales climbed 18.0%.
For the full fiscal year, net income reached $130.1 million, or $2.67 per share, slightly up from $104.4 million last year. Online sales exhibited significant growth, with a 72.0% increase, signaling a strong digital performance.
The Buckle, Inc. (BKE) reported a 5.3% increase in comparable store net sales for the 4-week period ending February 27, 2021, compared to the same period last year. Total net sales rose 5.0% to $66.1 million, up from $63.0 million for February 2020. The company is set to announce its fourth quarter and full year fiscal 2020 earnings on March 12, 2021, followed by a conference call at 10:00 a.m. EST. Buckle operates 442 retail stores across 42 states, slightly down from 446 stores a year earlier.
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