The Buckle, Inc. (NYSE: BKE) announced today that comparable store net sales, for stores open at least one year, for the five-week period ended February 2, 2013 decreased 2.0 percent from comparable store net sales for the five-week period ended February 4, 2012. Net sales for the five-week fiscal month ended February 2, 2013 increased 30.7 percent to $78.8 million from net sales of $60.3 million for the prior year four-week fiscal month ended January 28, 2012.
January 2013 was a 5-week fiscal period, ending The Buckle, Inc.’s 53-week fiscal year. The prior January was a 4-week fiscal period, ending a 52-week fiscal year. Comparable store net sales for the month, quarter and year-to-date periods are compared to the 5-week, 14-week and 53-week periods ended February 4, 2012.
Comparable store net sales for the 14-week fourth quarter ended February 2, 2013 were flat in comparison to comparable store net sales for the 14-week period ended February 4, 2012. Net sales for the 14-week fiscal fourth quarter ended February 2, 2013 increased 7.0 percent to $360.6 million compared to net sales of $337.1 million for the prior year 13-week fiscal fourth quarter ended January 28, 2012.
Comparable store net sales year-to-date for the 53-week period ended February 2, 2013 increased 2.1 percent from comparable store net sales for the 53-week period ended February 4, 2012. Net sales for the 53-week fiscal year ended February 2, 2013 increased 5.7 percent to $1.124 billion from net sales of $1.063 billion for the prior year 52-week fiscal year ended January 28, 2012.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 440 retail stores in 43 states compared to 431 stores in 43 states as of February 7, 2012. To listen to the Company’s recorded monthly sales commentary, please call (308) 238-2500.
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