Buckle, Inc. Q2 Net Income Declines; Comps. Down 6.6%

(RTTNews) - The Buckle, Inc. (BKE) reported second quarter net income of $39.3 million, or $0.78 per share compared with $45.6 million, or $0.92 per share, a year ago. Analysts polled by Thomson Reuters expected the company to report profit per share of $0.79, for the quarter. Analysts' estimates typically exclude special items.

Net sales for the 13-week fiscal quarter ended August 3, 2024 decreased 3.4 percent to $282.4 million from net sales of $292.4 million for the prior year 13-week fiscal quarter ended July 29, 2023. Comparable store net sales for the 13-week fiscal quarter ended August 3, 2024 decreased 6.6 percent. Analysts on average had estimated $276.74 million in revenue.

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