Buckle's first-quarter same-store sales decline less than expected, net sales miss [MarketWatch]
Buckle, Inc. (The) (BKE)
Last buckle, inc. (the) earnings: 3/13 06:50 am
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Source: MarketWatch
Buckle's first-quarter same-store sales decline less than expected, net sales miss Apparel and accessories retailer Buckle Inc. BKE, +0.43% reported Thursday fiscal first-quarter same-store sales fell 3.1% from a year ago, marking the 13th straight quarterly decline, and 18th decline in past 19 quarters. Still, that beat the FactSet consensus for a decline of 3.3%, and marked the fifth-straight quarterly improvement. Meanwhile, net sales for the quarter declined 3.5% to $204.9 million, below the FactSet consensus of $207.2 million. The company also reported April same-store sale fell 3.4% and net sales declined 6.5% to $58.6 million. Buckle will report results for the quarter through May 5 on May 25. The stock, which was still inactive in premarket trade, has slipped 2.5% year to date, while the SPDR S&P Retail ETF BKE, +0.43% is little changed and the S&P 500 SPX, +0.97% has gained 0.9%.
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News
- Are Investors Undervaluing The Buckle, Inc. (NYSE:BKE) By 47%? [Yahoo! Finance]Yahoo! Finance
- The Buckle, Inc. (NYSE: BKE) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- The Buckle, Inc. Reports March 2024 Net Sales and Announces the Appointment of Stacey M. Manary as Vice President of Women's Merchandising [Yahoo! Finance]Yahoo! Finance
- The Buckle, Inc. Reports March 2024 Net Sales and Announces the Appointment of Stacey M. Manary as Vice President of Women’s MerchandisingBusiness Wire
- The Buckle, Inc. Reports Quarterly DividendBusiness Wire
BKE
Sec Filings
- 4/19/24 - Form DEFA14A
- 4/19/24 - Form DEF
- 4/19/24 - Form 4
- BKE's page on the SEC website