The Buckle, Inc. Reports November 2020 Net Sales
The Buckle, Inc. (NYSE: BKE) reported a notable increase in comparable store net sales for the four-week period ending November 28, 2020, rising by 8.4% compared to the same period in the previous year. Total net sales for this period amounted to $86.3 million, an increase from $79.8 million in November 2019. However, year-to-date comparable store net sales decreased by 5.4%, with total sales for the 43-week period at $668.8 million, down from $709.1 million in 2019, reflecting ongoing challenges amid a fluctuating retail environment.
- Comparable store net sales increased by 8.4% for the 4-week period ended November 28, 2020.
- Total net sales for this 4-week period rose to $86.3 million from $79.8 million last year.
- Year-to-date comparable store net sales decreased by 5.4%.
- Total net sales for the 43-week period fell to $668.8 million, down from $709.1 million in the previous 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 November 28, 2020 increased 8.4 percent from comparable store net sales for the 4-week period ended November 30, 2019. Net sales for the 4-week fiscal month ended November 28, 2020 increased 8.1 percent to
Comparable store net sales year-to-date for the 43-week period ended November 28, 2020 decreased 5.4 percent from comparable store net sales for the 43-week period ended November 30, 2019. Net sales for the 43-week fiscal period ended November 28, 2020 decreased 5.7 percent to
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 446 retail stores in 42 states compared to 449 stores in 42 states as of December 3, 2019. 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
