Buckle Q1 Profit Down On Weak Net Sales, Comps

(RTTNews) - Buckle, Inc. (BKE), a fashion retailer of clothing, footwear, and accessories, reported Friday that its first-quarter net income was $42.9 million or $0.86 per share, compared with last year's $55.3 million or $1.12 per share.

Net sales for the 13-week period decreased 8.5 percent to $282.8 million from net sales of $309.1 million in the prior year.

Comparable store net sales decreased 9.2 percent. Online sales decreased 5.6 percent to $51.3 million.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.