earnings
confidence high
sentiment positive
materiality 0.70
Buckle Q1 net income $46.9M ($0.93/share), sales up 6.1% to $288.7M
BUCKLE INC
- Net income of $46.9M ($0.93 basic EPS) vs $35.2M ($0.70) a year ago; diluted EPS $0.92.
- Net sales $288.7M, up 6.1% YoY; comparable store sales increased 5.1%.
- Online sales $47.7M, up 2.8% from $46.4M in prior-year quarter.
- Received $19.1M net legal fees from interchange fee settlement, recorded as reduction in Selling Expenses.
- Management webcast at 10:00 a.m. EDT today to discuss results.