For Immediate Release: June 7, 2018

Contact: Thomas B. Heacock, Chief Financial Officer

The Buckle, Inc.

(308) 236-8491

The Buckle, Inc. Press Release Narrative for 6/7/2018

Our June 7, 2018 press release reported that comparable store sales, for stores open at least one full year, for the four-week period ending June 2, 2018, were up 3.6 percent in comparison to the prior year four-week period ending June 3, 2017. Total net sales for the four-week fiscal month increased 1.2 percent to $62.2 million compared to net sales of $61.5 million in the prior year four-week fiscal month ended May 27, 2017.

On the men's side of the business, total sales for the four-week fiscal period ending June 2, 2018 were up approximately 9.0 percent in comparison to the prior year four-week period ending June 3, 2017. The men's business represented approximately 51.0 percent of total sales for the fiscal month versus approximately 48.0 percent in the prior year fiscal May. For the fiscal month, overall price points on the men's side of the business were down approximately 4.5 percent.

On the women's side of the business, total sales for the four-week fiscal period ending June 2, 2018 were down approximately 2.5 percent in comparison to the prior year four-week period ending June 3, 2017. The women's business represented approximately 49.0 percent of total sales for the month versus approximately 52.0 percent in the prior year fiscal May.

For the fiscal month, overall price points on the women's side of the business were down about 6.0 percent.

Within the men's and women's categories combined, accessory sales for the fiscal month were down approximately 0.5 percent in comparison to the same four-week period a year ago, while footwear sales were up about 10.0 percent. These two categories accounted for approximately 9.5 percent and 7.0 percent, respectively, of the current fiscal May net sales. This compares with approximately 9.5 percent and 6.5 percent for each of these categories for the prior year fiscal May. Average accessory price points were up just slightly and average footwear price points were up about 0.5 percent for the fiscal month.

For the fiscal month, UPT's increased approximately 4.0% and the average transaction value decreased about 1.0%, compared to the prior year fiscal May.

Buckle currently operates 455 retail stores in 43 states compared to 462 stores in 44 states as of June 7, 2017.

It is our Company policy not to provide any guidance on current sales or to project results for the next quarter. Additionally, any forward-looking statements made during this commentary 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.

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The Buckle Inc. published this content on 07 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 June 2018 17:17:03 UTC