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NEW YORK (TheStreet) -- Buckle (BKE) - Get Buckle, Inc. Report reported weaker-than-anticipated earnings and revenue for the 2016 second quarter before Friday's market open.

The Kearney, NE-based teen clothing retailer posted earnings of 32 cents per diluted share, below analysts' estimates of 36 cents per share.

Revenue dropped 10.1% to $212 million year-over-year. Analysts were expecting revenue of $216 million.

During the quarter, same-store sales fell 10.8% from last year, while online sales increased 1.4% to $20.4 million.

Shares of Buckle were rising in late-afternoon trading on heavy trading volume Friday. About 1.07 million of the company's shares changed hands so far today vs. its average volume of 356,004 shares per day.

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Separately, TheStreet Ratings Team has a "Hold" rating with a score of C on the stock.

The primary factors that have impacted the rating are mixed. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins.

But the team also finds weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: BKE

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