Weak sales trend at Buckle

• Buckle (NYSE:BKE) reports a 10.8% drop in comparable store sales for Q2.
• Selling expenses of $46.07M were flat compared to a year ago, despite the reduced level of sales.
• The company ended the quarter with merchandise inventory of $144.267M, down 3.5% from the level of a year ago.
• Previously: Buckle misses by $0.04, misses on revenue (Aug. 19)