The Buckle, Inc. : Reports February 2018 Net Sales and Announces Fourth Quarter Earnings Conference Call
March 08, 2018 at 06:51 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
March 3, 2018 decreased 5.3 percent from comparable store net sales for
the 4-week period ended March 4, 2017. Net sales for the 4-week fiscal
month ended March 3, 2018 increased 2.0 percent to $64.0 million from
net sales of $62.8 million for the prior year 4-week fiscal month ended
February 25, 2017.
Due to the 53rd week in fiscal 2017, February 2018 comparable
store net sales are compared to the four-week period ended March 4, 2017.
The Company will announce fourth quarter and full year fiscal 2017
earnings the morning of Friday, March 16, 2018. Management will hold a
conference call at 10:00 a.m. EDT on March 16, 2018 to discuss results
for the quarter. To participate in the call, please call (800) 288-9626
for domestic calls or (612) 332-0637 for international calls and
reference the conference code 445869. A replay of the call will be
available for a two-week period beginning March 16, 2018 at 12:00 p.m.
EDT by calling (800) 475-6701 for domestic calls or (320) 365-3844 for
international calls and entering the conference code 445869.
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 456 retail stores in 43 states which includes
the closing of one store in fiscal February. The Company operated 465
stores in 44 states as of March 8, 2017. 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/20180308005149/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.