Apparel retailer Buckle gains on Q4, FY results beat

The Buckle

10/03/2023 12:43

** Shares of apparel and accessories retailer Buckle Inc
 BKE.N  up 3% at $37.55 amid low volumes premarket
    ** Stock set to snap two-day losses, set for biggest one-day
gain in nearly a month- if gains hold
    ** BKE reports better-than-expected results for both Q4 and
fiscal year 2022
    ** Reports Q4 revenue of $401.81 mln above estimate of
$384.01 mln; 2022 revenue of $1.35 bln vs estimate $1.33 bln-
Refinitiv
    ** Posts Q4 EPS of $1.76 above estimate $1.56; 2022 EPS of
$5.13 vs estimate $4.92- Refinitiv
    ** In Q4, comparable store net sales increase 4.6% and
online sales rise 2.3%- BKE
    ** Stock down ~15% YTD after 7% gain in 2022

 (Reporting by Ankika Biswas in Bengaluru)
 ((Ankika.Biswas@thomsonreuters.com))