The Buckle, Inc. Reports October 2024 Net Sales
07 November 2024 - 12:50PM
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 2, 2024 increased 0.6 percent from comparable
store net sales for the 4-week period ended November 4, 2023. Net
sales for the 4-week fiscal month ended November 2, 2024 increased
0.1 percent to $87.9 million from net sales of $87.8 million for
the prior year 4-week fiscal month ended October 28, 2023.
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 $293.6 million compared to net sales of $303.5
million for the prior year 13-week fiscal third quarter ended
October 28, 2023.
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 $838.5 million compared to net sales of $878.7 million
for the prior year 39-week fiscal period ended October 28,
2023.
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 Kearney, Nebraska,
Buckle currently operates 445 retail stores in 42 states, which
includes the opening of two new stores during fiscal October
located in Glendale, Arizona and Southaven, Mississippi. The
Company operated 444 stores in 42 states as of November 7, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20241107116868/en/
Thomas B. Heacock, Chief Financial Officer The Buckle,
Inc. (308) 236-8491
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