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Buckle reports 53.5% increase in net income

27
May '08
The Buckle Inc announced that net income for the fiscal quarter ended May 3, 2008 increased 53.5 percent on a 32.4 percent net sales increase.

Comparable store net sales for the 13-week first quarter ended May 3, 2008 increased 25.6 percent from comparable store net sales for the 13-week first quarter ended May 5, 2007.

Net sales for the 13-week first quarter ended May 3, 2008 increased 32.4 percent to $160.3 million compared to net sales of $121.1 million for the prior year 13-week first quarter ended May 5, 2007.

Net income for the first quarter of fiscal 2008 was $18.7 million, or $0.63 per share ($0.61 per share on a diluted basis), compared with $12.2 million, or $0.41 per share ($0.40 per share on a diluted basis), for the first quarter of fiscal 2007.

The Buckle Inc offering a unique mix of high-quality, on-trend apparel, accessories, and footwear, Buckle caters to fashion-conscious young men and women.

The Buckle Inc


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