Buckle Monthly Sales Surge

The Buckle, Inc. (BKE) Thursday announced that its net sales increased 75.4 percent to $89.7 million during the 4-week period ended May 29, 2021, from $51.2 million during the same period last year.

Also, Net sales jumped 133.4 percent to $388.9 million for the 17-week fiscal period ended May 29, 2021 from the prior- year period.

The company said it plans to report net sales every month compared to the past two years, as its brick and mortar stores closures due to Covid-19 pandemic impacted its net sales in 2020.

Buckle said it does not intend to separately report comparable store sales for the months most affected by the store closures. It plans to resume its regular monthly reporting with its August results.

The retailer also announced today that Robert M. Carlberg, Senior Vice President of Men's Merchandising, will retire from the company at the end of the current fiscal year.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Financial services firm Morgan Stanley (MS) reported Wednesday a profit for the fourth quarter that increased 10 percent from last year, reflecting 7 percent revenue growth amidst strength in Wealth Management and Investment Management business segments. Bank of America Corp. (BAC) reported Thursday that net income applicable to common shareholders for the fourth quarter grew 30 percent to $6.77 billion from last year's $5.21 billion, with earnings per share increasing to $0.82 from $0.59 in the prior year, reflecting strong operating leverage as revenues... Shares of ASML Holding N.V. were gaining more than 1 percent in Amsterdam trading after the Dutch semiconductor equipment maker reported Wednesday higher profit and net sales in its fourth quarter. The company also projects higher sales in fiscal 2022, and a 100 percent increase in total dividend.
Follow RTT