The Buckle, Inc. : Reports February 2017 Net Sales and Announces Fourth Quarter Earnings Conference Call
March 02, 2017 at 07:01 am EST
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The Buckle, Inc. (NYSE: BKE) announced today that comparable store net
sales, for stores open at least one year, for the 4-week period ended
February 25, 2017 decreased 23.2 percent from comparable store net sales
for the 4-week period ended February 27, 2016. Net sales for the 4-week
fiscal month ended February 25, 2017 decreased 23.3 percent to $62.8
million from net sales of $81.8 million for the prior year 4-week fiscal
month ended February 27, 2016.
The Company will announce fourth quarter and full year fiscal 2016
earnings the morning of Friday, March 10, 2017. Management will hold a
conference call at 9:00 a.m. EST on March 10, 2017 to discuss results
for the quarter. To participate in the call, please call (800) 230-1059
for domestic calls or (612) 234-9960 for international calls and
reference the conference code 419676. A replay of the call will be
available for a two-week period beginning March 10, 2017 at 11:00 a.m.
EST by calling (800) 475-6701 for domestic calls or (320) 365-3844 for
international calls and entering the conference code 419676.
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 465 retail stores in 44 states compared to 468
stores in 44 states as of March 2, 2016. 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
View source version on businesswire.com: http://www.businesswire.com/news/home/20170302005204/en/
The Buckle, Inc. is a retailer of casual apparel, footwear, and accessories. The Company operates approximately 440 retail stores in 42 states. The Company markets a wide selection of casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear. It also provides customer services, such as free hemming, free gift-packaging, easy layaways, the Buckle private label credit card, and a guest loyalty program. The Company offers denims from brands such as Miss Me, Rock Revival, KanCan, Hidden, Flying Monkey, Levi's, Preme, Smoke Rise, Ariat, Good American, and Wrangler. Other key brands include Hurley, Billabong, Affliction, American Fighter, Sullen, Howitzer, Oakley, Fox, RVCA, 7 Diamonds, Nixon, Free People, Z Supply, Salt Life, White Crow, Brew City, Reef, Stance, Versace Cologne, American Highway, Eight X, Pendelton, Hooey, Goorin Bros., Old Row, Timberland, Teva, Kimes Ranch, SOREL, Hey Dude, Steve Madden, Dolce Vita, and SAXX.