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Sales up 2.3% at retailer Buckle in four weeks to Aug 2

August 11, 2014 (United States Of America)

US-based apparel, accessories and footwear NYSE-listed retailer - The Buckle, Inc reported a rise of 2.3 percent year-on-year in net sales for the four-week fiscal period ending August 2, 2014.

In the period under review, net sales rose to $79.0 million from $77.2 million, for the prior year four-week fiscal period ending August 3, 2013.

Comparable store net sales for stores open at least one year for the four week period ended August 2, 2014 increased 0.5 percent from the same period of 2014.

Net sales for the 13-week fiscal quarter ending August 2, 2014 went up 1.4 percent to $235.7 million from $232.5 million for the prior year second quarter ended August 3, 2013.

Comparable store net sales for the 13-week second quarter ended August 2, 2014 fell 0.5 percent from comparable 13-week period in 2013.

Net sales for the 26-week fiscal period ending August 2, 2014 rose marginally by 1.0 percent to $507.4 million from of $502.2 million for corresponding period ending August 3, 2013.

Comparable store net sales year-to-date for the period ending August 2, 2014, fell a slight 0.7 percent from comparable store net sales for the 26-week period ended August 3, 2013.

The Buckle said it will announce second quarter earnings on Thursday, August 21, 2014.

The retailer offers a unique mix of high-quality, on-trend apparel, accessories, and footwear. It caters to fashion-conscious young men and women.

Buckle currently operates 456 retail stores in 44 states, which includes the opening of five new stores and the closure of one store during fiscal July.


Fibre2fashion News Desk - India
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