Buckle Beats on Both Top and Bottom Lines
Buckle (NYS: BKE) filed its 10-K on March 28. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Jan. 28 (Q4), Buckle beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share improved.
Gross margins dropped, operating margins expanded, net margins expanded.
Buckle logged revenue of $337.1 million. The eight analysts polled by S&P Capital IQ foresaw revenue of $331.1 million on the same basis. GAAP reported sales were 11% higher than the prior-year quarter's $303.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.18. The 10 earnings estimates compiled by S&P Capital IQ forecast $1.14 per share. GAAP EPS of $1.18 for Q4 were 12% higher than the prior-year quarter's $1.05 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 65.2%, 50 basis points worse than the prior-year quarter. Operating margin was 26.1%, 10 basis points better than the prior-year quarter. Net margin was 16.6%, 30 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $262.5 million. On the bottom line, the average EPS estimate is $0.76.
Next year's average estimate for revenue is $1.14 billion. The average EPS estimate is $3.42.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 480 members out of 540 rating the stock outperform, and 60 members rating it underperform. Among 165 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 150 give Buckle a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Buckle is hold, with an average price target of $42.86.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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