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CFO of Buckle Inc to leave in 2012

08 Apr '11
2 min read

The Buckle Inc announced that comparable store net sales, for stores open at least one year, for the five-week period ended April 2, 2011 increased 8.4 percent from comparable store net sales for the five-week period ended April 3, 2010. Net sales for the five-week fiscal month ended April 2, 2011 increased 11.4 percent to $96.8 million from net sales of $86.9 million for the prior year five-week fiscal month ended April 3, 2010.

Comparable store net sales year-to-date for the nine-week period ended April 2, 2011 increased 5.7 percent from comparable store net sales for the nine-week period ended April 3, 2010. Net sales for the nine-week fiscal period ended April 2, 2011 increased 9.2 percent to $170.7 million from net sales of $156.4 million for the prior year nine-week fiscal period ended April 3, 2010.

The Buckle, Inc. also announced that effective February 1, 2012 Karen B. Rhoads, Vice President of Finance and CFO, will step down from her position with the Company. Ms. Rhoads will continue in her current position through fiscal 2011 (year ending January 28, 2012), unless a new CFO is in place prior to that date; at which time, Ms. Rhoads will step down from her Vice President of Finance and CFO role but will remain with the Company to assist with the transition through the end of the fiscal year. Ms. Rhoads plans to continue to serve on the Company's Board of Directors.

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 421 retail stores in 41 states. This includes the opening of one new store on April 3rd in Troy, Michigan. The Company operated 409 stores in 41 states as of April 7, 2010.

Buckle Inc

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