Buckle Clock’s strong Q4 performance, comparable store sales up 4.6%…

Buckle Clock’s strong Q4 performance, comparable store sales up 4.6%…

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  • buckle inc BKE reported Fourth quarter FY22 revenue growth of 5.5% year-over-year to $401.81 million, beating the consensus of $384.01 million.
  • Like-for-like store net sales increased 4.6%. Online sales increased 2.3 percent to $74.8 million.
  • Earnings per share of $1.76 beat analyst consensus of $1.56.
  • Gross profit increased 5.2% year over year to $213.1 million, with a margin of 53%.
  • Operating margin was 27.4% and operating income for the quarter increased 0.3% to $109.9 million.
  • The company held $273 million in cash and cash equivalents as of January 29, 2023.
  • Price promotion: BKE shares traded up 2.60% to $37.50 on the last check Friday premarket.
  • Photo via company

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