The Buckle, Inc. Reports September 2020 Net Sales
The Buckle, Inc. (NYSE: BKE) reported a significant increase in comparable store net sales, up 22.9% for the 5-week period ending October 3, 2020, compared to the same period in 2019. Total net sales reached $94.9 million, a 22.7% rise from $77.3 million last year. However, year-to-date comparable store sales decreased by 9.6%, with total net sales for the 35-week period dropping to $504.4 million from $559.6 million in 2019, marking a 9.9% decline. The company operates 446 stores across 42 states.
- 5-week period net sales increased by 22.7% to $94.9 million.
- Comparable store net sales rose by 22.9%.
- Year-to-date comparable store sales decreased by 9.6%.
- Total net sales for the 35-week period fell by 9.9%.
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 5-week period ended October 3, 2020 increased 22.9 percent from comparable store net sales for the 5-week period ended October 5, 2019. Net sales for the 5-week fiscal month ended October 3, 2020 increased 22.7 percent to
Comparable store net sales year-to-date for the 35-week period ended October 3, 2020 decreased 9.6 percent from comparable store net sales for the 35-week period ended October 5, 2019. Net sales for the 35-week fiscal period ended October 3, 2020 decreased 9.9 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 October 8, 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
