The Buckle: Steady Growth Through Conservative Management [View article]
About a month ago, BKE surprised the market delivering a special dividend of $1.80 sending the stock up to almost $37. This was after the company had been tanking due to disappointing the market's expectations of same store sales. Part of the reason they did that unexpected special dividend was to "gain respect". Since the high, investors have backed off because they feel BKE has given out all the good news (and cash) and there is nothing left to own here. Remember that a large portion of the shares are owned by insiders who love dividends. It would be likely that BKE will boost its dividends this quarter or next to benefit holders and continue to "earn respect".
The Buckle: Steady Growth Through Conservative Management [View article]
June Same-Store Sales Disappointing for Retailers [View article]
The Good News About Retail [View article]
WMT was the bright spot with same store sales.