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Buckle Jan. Comps Rise 7.4% - Quick Facts

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2/2/2012 7:47 AM ET

Casual apparel and accessories retailer The Buckle, Inc. (BKE: Quote) reported a 7.4% rise in its January comparable-store sales at stores which are open at for least a year. Net sales for the month were up 10.9% to $60.3 million from $54.4 million in the corresponding month last year.

For the fourth quarter, Kearney, Nebraska-based Buckle recorded an 8% increase in its same-store sales. Net sales for the period grew 11.2% to $337.1 million from $303.1 million last year.

BKE closed Wednesday's trading at $43.81.

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by RTT Staff Writer

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Stocks moved sharply higher over the course of the trading day on Friday, more than offsetting the weakness seen on Thursday. In a reversal from the previous session, the markets benefited from some upbeat U.S. economic data as well as comments from a Federal Reserve official. The major averages saw further upside going into the close, with the Dow and the S&P 500 reaching new record highs. As the IRS targeting scandal continues to make headlines, animal-protection charity People for the Ethical Treatment of Animals, or PETA, claims that conservative groups are not the only ones that have faced increased scrutiny from the agency. While the IRS targeting scandal has taken center stage on Capitol Hill on Friday, the results of a new Gallup poll showed that the American public's interest in the story is comparatively low based on historical measures. The poll showed that 54 percent of Americans are following the news that the IRS targeted conservative groups for greater scrutiny "very" or "somewhat" closely.
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