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Sales down and inventory up at Buckle

Nov. 19, 2015 7:44 AM ETThe Buckle, Inc. (BKE) StockBKEBy: Clark Schultz, SA News Editor2 Comments
  • Buckle (NYSE:BKE) reports comparable-store sale declined 5.2% in Q3. Online sales were up 13.6% during the period.
  • The company's gross profit rate fell 180 bps to 41.9%.
  • Inventory was up 19% Y/Y to $175.85M at the end of the quarter.
  • Previously: Buckle misses by $0.04, misses on revenue (Nov. 19 2015)

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