The Buckle, Inc. Reports July 2013 Net Sales
The Buckle, Inc. Reports July 2013 Net Sales
KEARNEY, Neb.--(BUSINESS WIRE)-- The Buckle, Inc. (NYS: BKE) announced today that comparable store net sales, for stores open at least one year, for the four-week period ended August 3, 2013 increased 2.1 percent from comparable store net sales for the four-week period ended August 4, 2012. Net sales for the four-week fiscal month ended August 3, 2013 increased 16.7 percent to $77.2 million from net sales of $66.2 million for the prior year four-week fiscal month ended July 28, 2012.
Comparable store net sales for the 13-week second quarter ended August 3, 2013 increased 3.2 percent from comparable store net sales for the 13-week period ended August 4, 2012. Net sales for the 13-week fiscal quarter ended August 3, 2013 increased 7.9 percent to $232.5 million from net sales of $215.5 million for the prior year 13-week fiscal quarter ended July 28, 2012.
Comparable store net sales year-to-date for the 26-week period ended August 3, 2013 increased 2.2 percent from comparable store net sales for the 26-week period ended August 4, 2012. Net sales for the 26-week fiscal period ended August 3, 2013 increased 4.8 percent to $502.2 million from net sales of $479.2 million for the prior year 26-week fiscal period ended July 28, 2012.
Due to the 53rd week in fiscal 2012, comparable store net sales for the month, quarter, and year-to-date periods are compared to the 4-week, 13-week, and 26-week periods ended August 4, 2012.
The Company will announce second quarter earnings the morning of Thursday, August 22, 2013. Management will hold a conference call at 11:00 a.m. EDT on August 22, 2013 to discuss results for the quarter. To participate in the call, please call (800) 553-0326 and reference the conference code 300050. A replay of the call will be available for a two-week period beginning August 22, 2013 at 1:00 p.m. EDT by calling (800) 475-6701 and entering the conference code 300050.
About Buckle
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 452 retail stores in 43 states, which includes the opening of eight new stores during fiscal July in Syracuse, New York; Huntsville, Alabama; Beavercreek, Ohio; Ashland, Kentucky; Valdosta, Georgia; Bridgeport, West Virginia; Florence, Alabama; and Laredo, Texas. The Company operated 439 stores in 43 states as of August 8, 2012. To listen to the Company's recorded monthly sales commentary, please call (308) 238-2500.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: All forward-looking statements made by the Company involve material risks and uncertainties and are subject to change based on factors which may be beyond the Company's control. Accordingly, the Company's future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such factors include, but are not limited to, those described in the Company's filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.
News releases and other information about The Buckle, Inc., can be found on the Internet at www.buckle.com
The Buckle, Inc.
Karen B. Rhoads, 308-236-8491
Chief Financial Officer
KEYWORDS: United States North America Nebraska
INDUSTRY KEYWORDS:
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