On-trend apparel, accessories, and footwear retailer Buckle, Inc. (BKE) Thursday announced a decline in net income for the 13-week period ended August 1 to $23.481 million or $0.49 per share from $24.473 million or $0.51 per share last year.
On average, eight analysts polled by Thomson Reuters expected the company to report $0.47 per share for the quarter. Analysts estimates usually exclude special items.
Net sales for the second quarter increased 0.1 percent to $236.1 million from net sales of $235.7 million for the prior year quarter. Comparable store net sales for the 13-week period decreased 1.7 percent from the previous year. Online sales increased 17.4 percent to $20.1 million, compared to $17.1 million a year ago. Wall Street was looking for $241.20 million.
For comments and feedback contact: editorial@rttnews.com
Business News