The Buckle, Inc. Reports February 2022 Net Sales and Announces Fourth Quarter Earnings Conference Call

Rhea-AI Summary

The Buckle, Inc. (NYSE: BKE) reported a significant rise in comparable store net sales, up by 33.3% for the 4-week period ending February 26, 2022, compared to the same period last year. Overall net sales reached $87.9 million, a 32.9% increase from $66.1 million in February 2021. The company plans to announce its fourth quarter and full year fiscal 2021 earnings on March 11, 2022, at 10:00 a.m. EST.

Positive

• Comparable store net sales increased by 33.3%.
• Net sales rose to $87.9 million, up 32.9% year-over-year.

Negative

• Store count decreased from 442 to 439 stores compared to last year.

KEARNEY, Neb.--(BUSINESS WIRE)-- The Buckle, Inc. (NYSE: BKE) announced today that comparable store net sales, for stores open at least one year, for the 4-week period ended February 26, 2022 increased 33.3 percent from comparable store net sales for the 4-week period ended February 27, 2021. Net sales for the 4-week fiscal month ended February 26, 2022 increased 32.9 percent to $87.9 million from net sales of $66.1 million for the prior year 4-week fiscal month ended February 27, 2021.

The Company will announce fourth quarter and full year fiscal 2021 earnings the morning of Friday, March 11, 2022. Management will hold a conference call at 10:00 a.m. EST on March 11, 2022 to discuss results for the quarter. To participate in the call, please call (844) 767-5651 for domestic calls or (409) 207-6959 for international calls and reference the conference code 4682221. A replay of the call will be available for a two-week period beginning March 11, 2022 at 1:00 p.m. EST by calling (866) 207-1041 for domestic calls or (402) 970-0847 for international calls and entering the conference code 3665047.

About Buckle

Offering a unique mix of high-quality, on-trend apparel, accessories, and footwear, Buckle caters to fashion-conscious young men and women. Known as a denim destination, each store carries a wide selection of fits, styles, and finishes from leading denim brands, including the Company’s exclusive brand, BKE. Headquartered in Kearney, Nebraska, Buckle currently operates 439 retail stores in 42 states compared to 442 stores in 42 states as of March 3, 2021. To listen to the Company’s recorded monthly sales commentary, please call (308) 238-2500.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: All forward-looking statements made by the Company involve material risks and uncertainties and are subject to change based on factors which may be beyond the Company's control. Accordingly, the Company’s future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such factors include, but are not limited to, those described in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

News releases and other information about The Buckle, Inc., can be found on the Internet at www.buckle.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220303005135/en/

Thomas B. Heacock, Chief Financial Officer

The Buckle, Inc.

(308) 236-8491

Source: The Buckle, Inc.

FAQ

What were The Buckle's comparable store net sales for February 2022?

The Buckle's comparable store net sales increased by 33.3% for February 2022.

What is The Buckle's net sales figure for February 2022?

Net sales for February 2022 reached $87.9 million.

When will The Buckle announce its fourth quarter earnings?

The Buckle will announce its fourth quarter earnings on March 11, 2022.

How did The Buckle's net sales change from February 2021 to February 2022?

Net sales increased from $66.1 million in February 2021 to $87.9 million in February 2022.