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The Buckle, Inc. Reports November 2024 Net Sales

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The Buckle (NYSE: BKE) reported its November 2024 sales performance with mixed results. For the 4-week period ended November 30, 2024, the company saw positive growth with comparable store net sales increasing 2.5% and total net sales rising 10.8% to $117.5 million from $106.0 million in the prior year.

However, the year-to-date performance shows some challenges, with comparable store net sales for the 43-week period declining 4.5%. Total net sales for this period decreased 2.9% to $956.0 million compared to $984.8 million in the previous year.

Buckle (NYSE: BKE) ha riportato le performance di vendita di novembre 2024 con risultati misti. Per il periodo di 4 settimane conclusosi il 30 novembre 2024, l'azienda ha registrato una crescita positiva, con un incremento delle vendite nette nei negozi comparabili del 2,5% e un aumento delle vendite nette totali del 10,8%, passando da 106,0 milioni a 117,5 milioni di dollari rispetto all'anno precedente.

Tuttavia, la performance dall'inizio dell'anno presenta alcune sfide, con un calo delle vendite nette nei negozi comparabili del 4,5% per il periodo di 43 settimane. Le vendite nette totali per questo periodo sono diminuite del 2,9%, passando da 984,8 milioni a 956,0 milioni di dollari rispetto all'anno precedente.

Buckle (NYSE: BKE) informó sobre su desempeño de ventas en noviembre de 2024 con resultados mixtos. Durante el período de 4 semanas que finalizó el 30 de noviembre de 2024, la empresa experimentó un crecimiento positivo, con un aumento del 2.5% en las ventas netas de tiendas comparables y un incremento del 10.8% en las ventas netas totales, pasando de 106.0 millones a 117.5 millones de dólares en comparación con el año anterior.

No obstante, el desempeño acumulado del año presenta algunos desafíos, con una disminución del 4.5% en las ventas netas de tiendas comparables para el período de 43 semanas. Las ventas netas totales para este período disminuyeron un 2.9%, alcanzando 956.0 millones en comparación con 984.8 millones del año anterior.

Buckle (NYSE: BKE)는 2024년 11월 판매 실적을 혼합된 결과로 보고했습니다. 2024년 11월 30일로 종료된 4주 기간 동안, 이 회사는 긍정적인 성장을 기록했으며, 동Comparable 매장 순 매출이 2.5% 증가하고, 전체 순 매출이 10.8% 증가하여 지난해 1억 6천만 달러에서 1억 1천750만 달러로 증가했습니다.

그러나 연초부터의 성과는 몇 가지 도전 과제를 드러내며, 43주 동안의 Comparable 매장 순 매출이 4.5% 감소했습니다. 이 기간 동안의 전체 순 매출은 지난해 9억 8천480만 달러에서 9억 5천600만 달러로 2.9% 감소했습니다.

Buckle (NYSE: BKE) a rapporté ses performances de ventes pour novembre 2024 avec des résultats mitigés. Pour la période de 4 semaines se terminant le 30 novembre 2024, l'entreprise a enregistré une croissance positive, avec des ventes nettes dans les magasins comparables en hausse de 2,5% et des ventes nettes totales en hausse de 10,8%, atteignant 117,5 millions de dollars contre 106,0 millions de dollars l'année précédente.

Cependant, la performance cumulée de l'année montre quelques défis, avec des ventes nettes dans les magasins comparables en baisse de 4,5% pour la période de 43 semaines. Les ventes nettes totales pour cette période ont diminué de 2,9%, passant de 984,8 millions de dollars à 956,0 millions de dollars par rapport à l'année précédente.

Buckle (NYSE: BKE) berichtete über seine Verkaufszahlen im November 2024 mit durchwachsenen Ergebnissen. In dem 4-wöchigen Zeitraum, der am 30. November 2024 endete, verzeichnete das Unternehmen ein positives Wachstum, mit einem Anstieg des Nettoumsatzes in vergleichbaren Geschäften um 2,5% und einem Anstieg des Gesamtumsatzes um 10,8% auf 117,5 Millionen Dollar im Vergleich zu 106,0 Millionen Dollar im Vorjahr.

Die Jahr-bis-Datum-Leistung zeigt jedoch einige Herausforderungen, da der Nettoumsatz in vergleichbaren Geschäften im Zeitraum von 43 Wochen um 4,5% zurückging. Der Gesamtumsatz in diesem Zeitraum verringerte sich um 2,9% auf 956,0 Millionen Dollar im Vergleich zu 984,8 Millionen Dollar im Vorjahr.

Positive
  • Monthly comparable store sales increased 2.5% in November 2024
  • Monthly net sales grew 10.8% to $117.5 million
  • Strong monthly performance showing retail momentum
Negative
  • Year-to-date comparable store sales declined 4.5%
  • Year-to-date net sales decreased 2.9% to $956.0 million
  • Sustained negative trend in year-to-date performance

Insights

The November sales data presents a mixed picture for Buckle. The $117.5 million monthly revenue shows a robust 10.8% increase over last year, with comparable store sales up 2.5%, indicating strong holiday season momentum. However, the year-to-date performance remains challenging with comparable store sales down 4.5% and total sales declining 2.9% to $956.0 million.

The positive monthly performance suggests successful holiday promotions and inventory management, though it comes against easier year-over-year comparisons. The divergence between total sales growth and comparable sales indicates new store contributions are helping offset some weakness in base business. While November's results are encouraging, the broader year-to-date decline suggests ongoing challenges in maintaining consistent growth in the competitive retail environment.

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 30, 2024 increased 2.5 percent from comparable store net sales for the 4-week period ended December 2, 2023. Net sales for the 4-week fiscal month ended November 30, 2024 increased 10.8 percent to $117.5 million from net sales of $106.0 million for the prior year 4-week fiscal month ended November 25, 2023.

Comparable store net sales year-to-date for the 43-week period ended November 30, 2024 decreased 4.5 percent from comparable store net sales for the 43-week period ended December 2, 2023. Net sales for the 43-week fiscal period ended November 30, 2024 decreased 2.9 percent to $956.0 million compared to net sales of $984.8 million for the prior year 43-week fiscal period ended November 25, 2023.

Due to the 53rd week in fiscal 2023, comparable store net sales for the month and year-to-date periods are compared to the 4-week and 43-week periods ended December 2, 2023.

About Buckle

Buckle is a specialty retailer focused on delivering exceptional service and style through unforgettable experiences. Offering a curated mix of high-quality, on-trend apparel, accessories, and footwear, Buckle is for those living the styled life. 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 445 retail stores in 42 states. The Company operated 447 stores in 42 states as of December 5, 2023. 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 on The Buckle, Inc.
can be accessed at www.buckle.com.

Thomas B. Heacock, Chief Financial Officer

The Buckle, Inc.

(308) 236-8491

Source: The Buckle, Inc.

FAQ

What was Buckle's (BKE) net sales growth in November 2024?

Buckle's net sales increased 10.8% to $117.5 million in November 2024 compared to $106.0 million in the prior year.

How did Buckle's (BKE) comparable store sales perform in November 2024?

Buckle's comparable store sales increased 2.5% for the 4-week period ended November 30, 2024.

What are Buckle's (BKE) year-to-date sales figures for 2024?

Buckle's year-to-date net sales for the 43-week period ended November 30, 2024, were $956.0 million, down 2.9% from $984.8 million in the prior year.

The Buckle, Inc.

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