Buckle Inc comp store sales decline 3.9%

02 Sep '05
2 min read

Casual apparel, footwear and accessories retailer, The Buckle Inc announced sales for the four-week period ended August 27, 2005 decreased slightly, by 0.7 percent to $54.2 million from sales of $54.5 million in the corresponding four-week period ended August 28, 2004.

Comparable-store sales, for stores open at least one year, for the four-week period ended August 27, 2005 decreased 3.9 percent from comparable-store sales for the prior year four-week period ended August 28, 2004.

Net sales year-to-date, for the 30 weeks ended August 27, 2005 increased 7.2 percent to $263.7 million from $246.1 million for the same 30-week period a year ago. Comparable-store sales year-to-date rose 2.7 percent from comparable-store sales in the same 30-week period last year.

Due to hurricane Katrina, the Company had nine stores closed beginning August 27 and 28, 2005. Currently, all but four stores have re-opened for business. The remaining four stores will be closed for an undetermined amount of time as the Company awaits further information regarding storm damage.

Headquartered in Kearney, Nebraska, The Buckle Inc is a retailer of casual apparel, footwear and accessories for young men and women. It currently operates 333 retail stores in 38 states compared to 326 stores in 38 states at this same time a year ago. The Company will open three new stores later this month in San Antonio, Texas, Charlotte,North Carolina and Woodbury, Minnesota. To listen to the Company's recorded monthly sales commentary, please call (308) 238-2500.

Buckle Inc

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