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The Buckle net sales rise 0.7 percent in Q1

By FashionUnited

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REPORT_ The Buckle net income for the fiscal quarter ended May 3, 2014 was 37.3 million dollars, or 0.78 dollars per share.

Net sales for the 13-week fiscal quarter ended May 3, 2014 increased 0.7 percent to 271.7 million dollars from net sales of 269.7 million dollars for the prior year 13-week fiscal quarter ended May 4, 2013.

Comparable store net sales for the 13-week period ended May 3, 2014 decreased 0.9 percent from comparable store net sales for the prior year 13-week period ended May 4, 2013. Online sales increased 2.5 percent to 21.4 million dollars for the 13-week period ended May 3, 2014, compared to net sales of 20.9 million dollars for the 13-week period ended May 4, 2013.

Offering a mix of 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 452 retail stores in 43 states. As of the end of the fiscal quarter, it operated 450 stores in 43 states compared with 443 stores in 43 states at the end of the first quarter of fiscal 2013.

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