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 August 31, 2013 increased 1.0 percent from comparable store net sales for the 4-week period ended September 1, 2012. Net sales for the 4-week fiscal month ended August 31, 2013 increased 0.3 percent to $101.1 million from net sales of $100.8 million for the prior year 4-week fiscal month ended August 25, 2012.
Comparable store net sales year-to-date for the 30-week period ended August 31, 2013 increased 2.0 percent from comparable store net sales for the 30-week period ended September 1, 2012. Net sales for the 30-week fiscal period ended August 31, 2013 increased 4.0 percent to $603.3 million from net sales of $580.0 million for the prior year 30-week fiscal period ended August 25, 2012.
Due to the 53
week in fiscal 2012, comparable store net sales for the month and year-to-date periods are compared to the 4-week and 30-week periods ended September 1, 2012.
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 451 retail stores in 43 states, which includes the closing of one store during fiscal August. The Company operated 439 stores in 43 states as of September 5, 2012. 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.