Casual apparel & footwear retailer Buckle Inc declares Oct sales
05 Nov '05
2 min read
Leading apparel retailer Buckle Inc announced that sales for the four-week period ended October 29, 2005 increased by 9.5 percent to $39.2 million from sales of $35.8 million in the corresponding four-week period ended October 30, 2004.
Comparable-store sales, for stores open at least one year, for the four-week period ended October 29, 2005 rose 4.3 percent from comparable-store sales for the prior year four-week period ended October 30, 2004.
Net sales year-to-date, for the 39-week period ended October 29, 2005 increased 6.9 percent to $347.7 million from sales of $325.3 million for the same 39-week period a year ago.
Comparable-store sales year-to-date increased 2.3 percent from comparable-store sales in the same 39-week period last year. Net sales for the third quarter ended October 29, 2005, increased 3.2 percent to $138.0 million compared to net sales of $133.7 million for the third quarter of fiscal 2004.
Comparable store net sales, for stores open at least one year, were down 0.9 percent for the 13 weeks ended October 29, 2005, compared with the 13 weeks ended October 30, 2004. During the four-week period ended October 29, 2005, the Company repurchased 200 shares of its common stock at an average price of $33.70 per share. These shares were purchased pursuant to the 500,000 share corporate stock repurchase program authorized by the Board of Directors on October 12, 2005.
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