Apparel retailer Buckle's Q1 net sales rise 6.1%

The Buckle

29/05/2026 12:00

Overview
Specialty apparel retailer's fiscal Q1 net sales rose 6.1% yr/yr
Net income for fiscal Q1 rose to $46.9 mln, or $0.92 per diluted share
Q1 results boosted by $19.1 mln litigation settlement reducing selling expenses

Outlook
Company did not provide specific guidance or outlook for the current or future periods

Result Drivers
LITIGATION SETTLEMENT - Q1 results benefited from a $19.1 mln litigation settlement recorded as a reduction to selling expenses
COMPARABLE STORE SALES - Comparable store net sales rose 5.1% yr/yr
ONLINE SALES - Online sales increased 2.8% yr/yr to $47.7 mln

Company press release: ID:nBw92Z6F8a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
 
$288.7 mln
$287.68 mln (2 Analysts)
Q1 EPS
 
$0.92
 
Q1 Net Income
 
$46.88 mln
 
Q1 Gross Profit
 
$133.48 mln
 
Q1 Operating Income
 
$59.45 mln
 
Q1 Pretax Profit
 
$62.1 mln
 
     

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 $52.00, about 3% above its May 28 closing price of $50.48
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

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(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.)