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Stock impact report

Buckle Inc (BKE) Reports Decline in Q3 Net Income and Sales [Yahoo! Finance]

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: Yahoo! Finance
Net sales fell by 8.7% to $303.5 million in the 13-week fiscal quarter ended October 28, 2023. Comparable store net sales and online sales also saw a decrease of 9.2% and 16.2%, respectively. On November 17, 2023, Buckle Inc ( NYSE:BKE ) released its 8-K filing , revealing a downturn in net income and sales for the third quarter ended October 28, 2023. The company, a specialty retailer known for its denim and fashion apparel, reported a net income of $51.8 million, or $1.05 per share, a decrease from the $61.4 million, or $1.25 per share, recorded in the same quarter of the previous fiscal year. Financial Performance Overview Warning! GuruFocus has detected 3 Warning Sign with BKE. Buckle Inc's net sales for the 13-week fiscal quarter ended October 28, 2023, were $303.5 million, marking an 8.7% decrease from the $332.3 million reported in the corresponding quarter of the previous year. The company's comparable store net sales also declined by 9.2%, while online sales droppe Show less Read more
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