- Comparable-store sales fell 11% at Buckle (NYSE:BKE) in Q1. Future rewards tied to Buckle's guest loyalty program cut into the comp by a full percentage point.
- Operating expenses fell 4.3% to $58.3M during the quarter.
- Buckle ended the period with inventory of $138.79M, -7.2% Q/Q and + 7.1% Y/Y.
- Shares of Buckle are down 24% are sit near their 52-week low.
- Previously: Buckle misses by $0.08, misses on revenue (May 20)
Weak quarter of sales for Buckle
Recommended For You
About BKE Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
BKE | - | - |
The Buckle, Inc. |