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BKE Buckle News Story

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Consumer CyclicalsBalancedMid CapSuper Stock

Buckle Q4 net sales rise 5.3% yr/yr

Overview

Specialty retailer's fiscal Q4 net sales rose 5.3% yr/yr to $399.1 mln

Fiscal yr net sales grew 6.6% to $1.298 bln

Company operates 440 stores in 42 states, closed four stores in fiscal January

Outlook

Company did not provide specific guidance for future quarters or years

Result Drivers

COMPARABLE STORE SALES - Comparable store net sales for Q4 increased 3.9%, contributing to overall sales growth

STORE CLOSURES - Company closed four stores during fiscal January, maintaining 440 stores in 42 states

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 SalesSlight Beat*$399.10 mln$396.45 mln (2 Analysts)
*Applies to a deviation of less than 1%; not applicable for per-share numbers. Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell" The average consensus recommendation for the apparel & accessories retailers peer group is "buy." Wall Street's median 12-month price target for Buckle Inc is $55.00, about 9% above its February 4 closing price of $50.45 The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago Press Release: ID:nBw8wHgbba For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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