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Stock impact report

The Buckle, Inc. Provides Update Regarding Closure of Stores as Part of COVID-19 Response

Buckle, Inc. (The) (BKE) 
Last buckle, inc. (the) earnings: 3/13 06:50 am Check Earnings Report
US:NYSE Investor Relations: corporate.buckle.com/investors
Company Research Source: Business Wire
KEARNEY, Neb.--(BUSINESS WIRE)--The Buckle, Inc. (NYSE: BKE) announced today that after thoughtful consideration of the health and welfare of its guests, teammates, and communities, it will extend the closure of all brick and mortar stores indefinitely. The Company’s online store at buckle.com will remain open. Company management will continue to monitor as additional guidance is issued from the Center for Disease Control along with U.S. and local governments as it develops plans to open stores at a future date.Given the uncertainty regarding the potential length and severity of the pandemic as well as the potential impact to the Company, the Company will furlough the majority of its store and corporate office teammates effective April 5, 2020. During the furlough period, the Company will continue to provide full benefits for participating teammates. All essential teammates who continue working during this period will participate in salary reductions. Additionally, the Company pre Show less Read more
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