The Buckle, Inc. Reports October 2024 Net Sales
The Buckle (NYSE: BKE) reported mixed sales results for October 2024. Comparable store net sales for the 4-week period increased 0.6%, with net sales rising 0.1% to $87.9 million. However, the 13-week third quarter showed declining trends, with comparable store sales dropping 0.7% and net sales decreasing 3.2% to $293.6 million. Year-to-date performance for the 39-week period was notably weaker, with comparable store sales down 5.4% and net sales falling 4.6% to $838.5 million compared to the same period last year.
The Buckle (NYSE: BKE) ha riportato risultati di vendita misti per ottobre 2024. Le vendite nette dei punti vendita comparabili per il periodo di 4 settimane sono aumentate dello 0,6%, con le vendite nette che sono salite dello 0,1%, raggiungendo $87,9 milioni. Tuttavia, il terzo trimestre di 13 settimane ha mostrato tendenze al ribasso, con le vendite nei punti vendita comparabili che sono diminuite dello 0,7% e le vendite nette che sono calate del 3,2%, arrivando a $293,6 milioni. Le performance da inizio anno per il periodo di 39 settimane sono state notevolmente più deboli, con le vendite nei punti vendita comparabili in calo del 5,4% e le vendite nette scese del 4,6%, a $838,5 milioni rispetto allo stesso periodo dell'anno scorso.
The Buckle (NYSE: BKE) reportó resultados de ventas mixtos para octubre de 2024. Las ventas netas en tiendas comparables para el período de 4 semanas aumentaron un 0,6%, con ventas netas que subieron un 0,1%, alcanzando $87,9 millones. Sin embargo, el tercer trimestre de 13 semanas mostró tendencias a la baja, con ventas en tiendas comparables cayendo un 0,7% y ventas netas disminuyendo un 3,2% hasta $293,6 millones. El rendimiento acumulado del año para el período de 39 semanas fue notablemente más débil, con ventas en tiendas comparables en baja del 5,4% y ventas netas cayendo un 4,6% hasta $838,5 millones en comparación con el mismo período del año pasado.
버클(Buckle, NYSE: BKE)은 2024년 10월 혼합된 판매 결과를 발표했습니다. 비교 가능한 매장 순매출은 4주 기간 동안 0.6% 증가했으며, 순매출은 0.1% 상승하여 $87.9 백만에达했습니다. 그러나 13주 간의 3분기는 하락세를 보였으며, 비교 가능한 매장 판매는 0.7% 감소하고 순매출은 3.2% 하락하여 $293.6 백만에 이릅니다. 올해 39주 누적 성과는 다소 약세를 보였으며, 비교 가능한 매장 판매는 5.4% 감소하고 순매출은 작년 같은 기간에 비해 4.6% 하락하여 $838.5 백만에 달했습니다.
The Buckle (NYSE: BKE) a annoncé des résultats de ventes mitigés pour octobre 2024. Les ventes nettes en magasins comparables pour la période de 4 semaines ont augmenté de 0,6%, avec des ventes nettes augmentant de 0,1% pour atteindre 87,9 millions de dollars. Cependant, le troisième trimestre de 13 semaines a montré des tendances à la baisse, avec des ventes en magasins comparables en baisse de 0,7% et des ventes nettes en baisse de 3,2% pour atteindre 293,6 millions de dollars. La performance depuis le début de l'année pour la période de 39 semaines a été sensiblement plus faible, avec des ventes en magasins comparables en baisse de 5,4% et des ventes nettes en baisse de 4,6% à 838,5 millions de dollars par rapport à la même période de l'année dernière.
The Buckle (NYSE: BKE) berichtete für Oktober 2024 über gemischte Verkaufszahlen. Die Nettoumsätze in vergleichbaren Geschäften stiegen im 4-Wochen-Zeitraum um 0,6%, die Nettoumsätze erhöhten sich um 0,1% auf 87,9 Millionen USD. Allerdings zeigte das dritte Quartal über 13 Wochen rückläufige Trends, da die Umsätze in vergleichbaren Geschäften um 0,7% zurückgingen und die Nettoumsätze um 3,2% auf 293,6 Millionen USD sanken. Die bisherige Leistung für den Zeitraum von 39 Wochen war bemerkenswert schwächer, da die Umsätze in vergleichbaren Geschäften um 5,4% fielen und die Nettoumsätze um 4,6% auf 838,5 Millionen USD im Vergleich zum gleichen Zeitraum des Vorjahres zurückgingen.
- Monthly comparable store sales increased 0.6% in October
- Monthly net sales showed slight growth of 0.1% to $87.9 million
- Q3 net sales decreased 3.2% to $293.6 million
- Year-to-date comparable store sales declined 5.4%
- Year-to-date net sales dropped 4.6% to $838.5 million
Insights
The latest sales data from Buckle presents concerning trends across multiple timeframes. While October showed marginal growth with a
The sustained decline in comparable store sales, particularly the
Comparable store net sales for the 13-week third quarter ended November 2, 2024 decreased 0.7 percent from comparable store net sales for the 13-week period ended November 4, 2023. Net sales for the 13-week fiscal third quarter ended November 2, 2024 decreased 3.2 percent to
Comparable store net sales year-to-date for the 39-week period ended November 2, 2024 decreased 5.4 percent from comparable store net sales for the 39-week period ended November 4, 2023. Net sales for the 39-week fiscal period ended November 2, 2024 decreased 4.6 percent to
Due to the 53rd week in fiscal 2023, comparable store net sales for the month, quarter, and year-to-date periods are compared to the 4-week, 13-week, and 39-week periods ended November 4, 2023.
The Company will announce third quarter earnings on Friday, November 22, 2024. Management will hold a live audio webcast at 10:00 a.m. EST on November 22, 2024 to discuss results for the quarter. To register for the live event, visit https://buckle.zoom.us/webinar/register/WN_ZagNJtIfQImjiUbr7g6zdw. A replay of the event can be accessed through Buckle’s investor relations website within twenty-four hours after the conclusion of the live event (https://corporate.buckle.com/investors/earnings-webcasts).
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
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241107116868/en/
Thomas B. Heacock, Chief Financial Officer
The Buckle, Inc.
(308) 236-8491
Source: The Buckle, Inc.
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