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The Buckle four-week period ended Feb 1 sales drops 6.6%

February 10, 2014 (United States Of America)

The Buckle, Inc. announced that comparable store net sales, for stores open at least one year, for the four-week period ended February 1, 2014 decreased 6.6 percent from comparable store net sales for the four-week period ended February 2, 2013.
 
Net sales for the four-week fiscal month ended February 1, 2014 decreased 27.9 percent to $56.9 million from net sales of $78.8 million for the prior year five-week fiscal month ended February 2, 2013.
 
January 2014 was a 4-week fiscal period, ending The Buckle, Inc.’s 52-week fiscal year. January 2013 was a 5-week fiscal period, ending a 53-week fiscal year. Comparable store net sales for the month, quarter, and year-to-date periods are compared to the 4-week, 13-week, and 52-week periods ended February 2, 2013.
 
Comparable store net sales for the 13-week fourth quarter ended February 1, 2014 decreased 2.8 percent from comparable store net sales for the 13-week period ended February 2, 2013. Net sales for the 13-week fiscal fourth quarter ended February 1, 2014 decreased 6.0 percent to $339.0 million compared to net sales of $360.6 million for the prior year 14-week fiscal fourth quarter ended February 2, 2013.
 
Comparable store net sales year-to-date for the 52-week period ended February 1, 2014 were flat in comparison to the 52-week period ended February 2, 2013. Net sales for the 52-week fiscal year ended February 1, 2014 increased 0.4 percent to $1.128 billion from net sales of $1.124 billion for the prior year 53-week fiscal year ended February 2, 2013.
 
About Buckle
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. 
 

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