The Buckle, Inc. (NYSE: BKE) announced today that comparable store net
sales, for stores open at least one year, for the 4-week period ended
August 1, 2015 decreased 8.1 percent from comparable store net sales for
the 4-week period ended August 2, 2014. Net sales for the 4-week fiscal
month ended August 1, 2015 decreased 6.7 percent to $73.7 million from
net sales of $79.0 million for the prior year 4-week fiscal month ended
August 2, 2014.
Comparable store net sales for the 13-week second quarter ended August
1, 2015 decreased 1.7 percent from comparable store net sales for the
13-week period ended August 2, 2014. Net sales for the 13-week fiscal
quarter ended August 1, 2015 increased 0.1 percent to $236.0 million
from net sales of $235.7 million for the prior year 13-week fiscal
quarter ended August 2, 2014.
Comparable store net sales year-to-date for the 26-week period ended
August 1, 2015 decreased 2.0 percent from comparable store net sales for
the 26-week period ended August 2, 2014. Net sales for the 26-week
fiscal period ended August 1, 2015 were down slightly to $507.3 million
from net sales of $507.4 million for the prior year 26-week fiscal
period ended August 2, 2014.
The Company will announce second quarter earnings the morning of
Thursday, August 20, 2015. Management will hold a conference call at
10:00 a.m. EDT on August 20, 2015 to discuss results for the quarter. To
participate in the call, please call (800) 230-1096 and reference the
conference code 365745. A replay of the call will be available for a
two-week period beginning August 20, 2015 at 12:00 p.m. EDT by calling
(800) 475-6701 and entering the conference code 365745.
Offering a unique mix of high-quality, on-trend apparel, accessories,
and footwear, Buckle caters to fashion-conscious young men and women.
Known as a denim destination, each store carries a wide selection of
fits, styles, and finishes from leading denim brands, including the
Company’s exclusive brand, BKE. Headquartered in Kearney, Nebraska,
Buckle currently operates 464 retail stores in 44 states compared to 456
stores in 44 states as of August 6, 2014. To listen to the Company’s
recorded monthly sales commentary, please call (308) 238-2500.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995: All forward-looking statements made by the Company involve
material risks and uncertainties and are subject to change based on
factors which may be beyond the Company's control. Accordingly, the
Company’s future performance and financial results may differ materially
from those expressed or implied in any such forward-looking statements.
Such factors include, but are not limited to, those described in the
Company’s filings with the Securities and Exchange Commission. The
Company does not undertake to publicly update or revise any
forward-looking statements even if experience or future changes make it
clear that any projected results expressed or implied therein will not
News releases and other information about The Buckle, Inc., can be found
on the Internet at www.buckle.com
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