The Buckle, Inc. Reports July 2023 Net Sales
03 Agosto 2023 - 5:50AM
Business Wire
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 July 29, 2023 decreased 1.3 percent from comparable
store net sales for the 4-week period ended July 30, 2022. Net
sales for the 4-week fiscal month ended July 29, 2023 decreased 2.6
percent to $95.1 million from net sales of $97.7 million for the
prior year 4-week fiscal month ended July 30, 2022.
Comparable store net sales for the 13-week second quarter ended
July 29, 2023 decreased 3.3 percent from comparable store net sales
for the 13-week period ended July 30, 2022. Net sales for the
13-week fiscal second quarter ended July 29, 2023 decreased 3.2
percent to $292.4 million compared to net sales of $302.0 million
for the prior year 13-week fiscal second quarter ended July 30,
2022.
Comparable store net sales year-to-date for the 26-week period
ended July 29, 2023 decreased 6.3 percent from comparable store net
sales for the 26-week period ended July 30, 2022. Net sales for the
26-week fiscal period ended July 29, 2023 decreased 5.9 percent to
$575.3 million compared to net sales of $611.0 million for the
prior year 26-week fiscal period ended July 30, 2022.
The Company will announce second quarter earnings on Friday,
August 18, 2023. Management will hold a live audio webcast at 10:00
a.m. EDT on August 18, 2023 to discuss results for the quarter. To
register for the live event, visit
https://buckle.zoom.us/webinar/register/WN_YFkU-QZnRgqRIIMBN2YIOg.
A replay of the event can be accessed through Buckle’s investor
relations website within twenty-four hours after the conclusion of
the live event
(https://corporate.buckle.com/investors/earnings-webcasts).
About Buckle
Buckle is a specialty retailer focused on delivering exceptional
service and style through unforgettable experiences. Offering a
curated mix of high-quality, on-trend apparel, accessories, and
footwear, Buckle is for those living the styled life. 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 42 states. The
Company operated 442 stores in 42 states as of August 3, 2022. 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.
News releases and other information on The
Buckle, Inc. can be accessed at www.buckle.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230803939271/en/
Thomas B. Heacock, Chief Financial Officer The Buckle,
Inc. (308) 236-8491
Buckle (NYSE:BKE)
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