Buckle tumbles on decline in September sales

The Buckle

05/10/2023 15:53

** Shares of clothing and accessories retailer Buckle
 BKE.N  fall 7% to $30.48 after company announces September
trading update 
    ** Stock on track for biggest single-day percentage loss
since March 2023, if losses hold 
    ** Co says net sales for September fell 10.7% YoY to $102.1
mln; same-store sales falling 11.1% year-to-date in the month 
    ** BKE's comparable net sales fall for the eighth
consecutive month
    ** Company among the top 10 losers on the NYSE Composite
Index as of 10:40 am ET 
    ** BKE down 27.4% YTD

 (Reporting by Purvi Agarwal in Bengaluru)
 ((Purvi.Agarwal@thomsonreuters.com))