Buckle records sales down 9.2% in March; Comps down 10.1% -…

Buckle records sales down 9.2% in March; Comps down 10.1% -…

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  • clothing company buckle inc BKE said it Net sales for the five week fiscal month as of April 1, 2023, decreased 9.2% year-on-year to $113.4 million.
  • Store comparable net sales fell 10.1% in March.
  • Year-to-date comparable store net sales for the 9 week period ended 1 April 2023 decreased 8.8%.
  • Net sales for the 9-week period declined 7.9% to $195.9 million compared to $212.7 million last year.
  • The The company’s revenue rose 5.5% in the fourth quarter to $401.81 million, beating the consensus of $384.01 million.
  • Buckle currently operates 439 retail stores in 42 states across the United States
  • price action: BKE shares trade 2.49% lower at $34.00 on the last check Thursday premarket.

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