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 May 31, 2014 decreased 3.1 percent from comparable store net sales for the 4-week period ended June 1, 2013. Net sales for the 4-week fiscal period ended May 31, 2014 decreased 1.2 percent to $72.0 million from net sales of $72.8 million for the prior year 4-week fiscal period ended June 1, 2013.
Comparable store net sales year-to-date for the 17-week period ended May 31, 2014 decreased 1.4 percent from comparable store net sales for the 17-week period ended June 1, 2013. Net sales for the 17-week fiscal period ended May 31, 2014 increased 0.3 percent to $343.6 million from net sales of $342.5 million for the prior year 17-week fiscal period ended June 1, 2013.
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 453 retail stores in 44 states, which includes the opening of one new store last week in Anchorage, Alaska (the Company’s first store in the state of Alaska). The Company operated 444 stores in 43 states as of June 5, 2013. 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.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts