Buckle Q2 net sales rise on comparable store growth

The Buckle

21/08/2026 12:02

Overview
US apparel retailer's fiscal Q2 net sales rose 4.6% yr/yr to $319.8 mln
Comparable store net sales for fiscal Q2 grew 2.1% yr/yr
Fiscal Q2 net income slipped to $44.4 mln from $45.0 mln a year ago

Outlook
Company did not provide specific guidance or commentary on future outlook

Result Drivers
COMPARABLE STORE SALES - Q2 sales growth was driven by a 2.1% increase in comparable store net sales
ONLINE SALES - Online sales rose 2.3% yr/yr to $44.6 mln in Q2

Company press release: ID:nBw85h9pka

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$319.80 mln
$314.61 mln (2 Analysts)
Q2 EPS
 
$0.87
 
Q2 Net Income
 
$44.41 mln
 
Q2 Comparable store net sales Growth
 
2.10%
 
Q2 Gross Profit
 
$153.02 mln
 
Q2 Operating Income
 
$55.80 mln
 
Q2 Pretax Profit
 
$58.82 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 The Buckle, Inc. is $46.00, about 7.9% above its August 20 closing price of $42.64
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
Aug 20 - Retailer Cato's Q2 sales fall amid weak consumer spending
Aug 20 - Ross Stores raises annual profit forecast again on discounted apparel demand
Aug 21 - US shoppers tighten budgets, but still find room for treats and splurges

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.)