Buckle Q1 net income falls 22% to $42.9M; sales down 8.5% YoY

BUCKLE INC

2023-Q1 EPS reported $0.86 revenue$282,834,000

Diluted EPS of $0.86 vs $1.12 in prior-year quarter.
Net sales $282.8M, down 8.5% from $309.1M; comparable store sales declined 9.2%.
Online sales fell 5.6% to $51.3M from $54.3M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BUCKLE INC reported the fiscal quarter ended April 29, 2023 results: revenue $282.8 million, net income $42.9 million, EPS $0.87 per share ($0.86 per share on a diluted basis).

Period: the fiscal quarter ended April 29, 2023
Revenue: $282.8 million
Net income: $42.9 million
EPS: $0.87 per share ($0.86 per share on a diluted basis)
Result: reported results

Exact text from the filing

The Buckle, Inc. (NYSE: BKE) announced today that net income for the fiscal quarter ended April 29, 2023 was $42.9 million, or $0.87 per share ($0.86 per share on a diluted basis). Net sales for the 13-week fiscal quarter ended April 29, 2023 decreased 8.5 percent to $282.8 million from net sales of $309.1 million for the prior year 13-week fiscal quarter ended April 30, 2022.

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Source: SEC EDGAR

accession 0000885245-23-000018

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