The Buckle, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 29, 2023
August 18, 2023 at 06:50 am
Share
The Buckle, Inc. reported earnings results for the second quarter and six months ended July 29, 2023. For the second quarter, the company reported sales was USD 292.43 million compared to USD 301.98 million a year ago. Net income was USD 45.64 million compared to USD 50.14 million a year ago. Basic earnings per share from continuing operations was USD 0.92 compared to USD 1.02 a year ago. Diluted earnings per share from continuing operations was USD 0.92 compared to USD 1.01 a year ago.
For the six months, sales was USD 575.26 million compared to USD 611.04 million a year ago. Net income was USD 88.58 million compared to USD 105.4 million a year ago. Basic earnings per share from continuing operations was USD 1.79 compared to USD 2.14 a year ago. Diluted earnings per share from continuing operations was USD 1.78 compared to USD 2.13 a year ago.
The Buckle, Inc. is a retailer of casual apparel, footwear, and accessories. The Company operates approximately 440 retail stores in 42 states. The Company markets a wide selection of casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear. It also provides customer services, such as free hemming, free gift-packaging, easy layaways, the Buckle private label credit card, and a guest loyalty program. The Company offers denims from brands such as Miss Me, Rock Revival, KanCan, Hidden, Flying Monkey, Levi's, Preme, Smoke Rise, Ariat, Good American, and Wrangler. Other key brands include Hurley, Billabong, Affliction, American Fighter, Sullen, Howitzer, Oakley, Fox, RVCA, 7 Diamonds, Nixon, Free People, Z Supply, Salt Life, White Crow, Brew City, Reef, Stance, Versace Cologne, American Highway, Eight X, Pendelton, Hooey, Goorin Bros., Old Row, Timberland, Teva, Kimes Ranch, SOREL, Hey Dude, Steve Madden, Dolce Vita, and SAXX.