The Buckle, Inc. Reports November 2018 Net Sales
December 06 2018 - 6:50AM
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 December 1, 2018 decreased 0.6 percent from comparable
store net sales for the 4-week period ended December 2, 2017. Net
sales for the 4-week fiscal month ended December 1, 2018 increased
3.9 percent to $81.3 million from net sales of $78.3 million for
the prior year 4-week fiscal month ended November 25, 2017.
Comparable store net sales for the 43-week year-to-date period
ended December 1, 2018 decreased 1.0 percent from comparable store
net sales for the 43-week period ended December 2, 2017. Net sales
for the 43-week fiscal period ended December 1, 2018 decreased 1.1
percent to $702.4 million from net sales of $710.5 million for the
prior year 43-week fiscal period ended November 25, 2017.
Due to the 53rd week in fiscal 2017, comparable store net sales
for the month and year-to-date periods are compared to the 4-week
and 43-week periods ended December 2, 2017.
About Buckle
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 43 states compared to 462 stores in 44 states as of December 6,
2017. 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 about The
Buckle, Inc., can be found on the Internet at www.buckle.com
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version on businesswire.com: https://www.businesswire.com/news/home/20181206005100/en/
Thomas B. Heacock, Chief Financial OfficerThe Buckle,
Inc.(308) 236-8491
Buckle (NYSE:BKE)
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