The Buckle, Inc. (BKE) - NYSE
  • Nov. 10, 2015, 8:31 PM
    • The headaches continue for a large part of the retail sector impacted by a slower pace of sales than anticipated this fall.
    • Warmer weather than normal have held back outerwear and winter clothing demand, while mall traffic continues to be underwhelming.
    • The high level of unsold inventory on shelves at retail chains is likely to lead to more promotions and discounts heading into the crucial Black Friday period, observes the WSJ. That trend could hurt manufacturers and sellers alike.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, PEJ, FDIS, RCD, PMR, UGE, SZK.
    • Related stocks: FL, FINL, KORS, COH, DSW, DKS, SKX, JCP, M, SHLD, KSS, JWN, TJX, ROST, BONT, AEO, ANF, ARO, CAL, CROX, SMRT, BKE, CTRN, GPS, LB, RL, PVH.
    | Nov. 10, 2015, 8:31 PM | 5 Comments
  • Nov. 6, 2015, 11:16 AM
    • Apparel store stocks are weaker on more reports of higher wage levels and a string of earnings duds in the sector.
    • Men's Wearhouse (NYSE:MW) is the headliner with a 44% slide after reporting weak sales, although 22 out of 24 apparel store stocks with a market cap of over $300M are bleeding today.
    • Margins are a big concern in the sector as sales deleverage plays in and a higher mix of e-commerce chips away.
    • Other notable declines include Stein Mart (SMRT -5.4%), Ascena Retail (ASNA -5.5%), The Children's Place (PLCE -4.8%), Shoe Carnival (SCVL -2.2%), Buckle (BKE -2.1%), Francesca's (FRAN -1.9%).
    | Nov. 6, 2015, 11:16 AM | 4 Comments
  • Nov. 5, 2015, 7:25 AM
    • Buckle (NYSE:BKE) reports comparable-store sales fell 5.8% in October.
    • Total sales decreased 4.7% to $81.4M during the month.
    • YTD comparable-store sales through October 3 are down 3.1%.
    • YTD total sales are down 1.5% to $787.6M.
    • The company will announce fQ3 earnings on November 19.
    | Nov. 5, 2015, 7:25 AM
  • Oct. 8, 2015, 7:13 AM
    • Buckle (NYSE:BKE) reports comparable-store sales fell 6.7% in September.
    • Total sales declined 5.6% to $97.4M during the month.
    • YTD comparable-store sales through October 2 are down 2.8%.
    • YTD total sales are off 1.1% to $706.2M.
    | Oct. 8, 2015, 7:13 AM
  • Oct. 6, 2015, 8:16 AM
    • A new survey indicated 44% of online shoppers turn to Amazon.com first when searching for a product online. The level is much higher than what was found in previous studies.
    • Another 34% use Google and other search engines to being their shopping efforts, while only 21% begin their search directly on the website of a retailer.
    • The gains by Amazon in becoming the shopping portal for a higher percentage of consumers hits a wide variety of retailers - including Target (NYSE:TGT), Wal-Mart (NYSE:WMT), Staples (NASDAQ:SPLS), and Best Buy (NYSE:BBY) - on market share and pricing leverage. It's been particularly devastating to mall chains such as Aeropostale (NYSE:ARO), American Eagle Outfitters (NYSE:AEO), Buckle (NYSE:BKE), Pacific Sunwear (NASDAQ:PSUN), and Abercombie & Fitch (NYSE:ANF) which rely on impulse buying from in-store shoppers.
    | Oct. 6, 2015, 8:16 AM | 8 Comments
  • Sep. 21, 2015, 1:08 PM
    • Select specialty retailers are higher today as investors continue to speculate over which company will catch the interest of private equity firms looking at a go-private deal.
    • Zumiez (ZUMZ +3.9%), Buckle (BKE +1.7%), Francesca's Holdings (FRAN +2.2%), and Pacific Sunwear (PSUN +2.9%) are the names in the deal hopper. All four are sharply lower YTD to levels no wseen as attracting PE interest
    | Sep. 21, 2015, 1:08 PM | 4 Comments
  • Sep. 15, 2015, 7:05 AM
    • Buckle (NYSE:BKE) declares $0.23/share quarterly dividend, in line with previous.
    • Forward yield 2.38%
    • Payable Oct. 27; for shareholders of record Oct. 15; ex-div Oct. 13.
    | Sep. 15, 2015, 7:05 AM
  • Sep. 3, 2015, 7:27 AM
    • Buckle (NYSE:BKE) reports comparable-store sales fell 3.3% in August.
    • Total sales were down 2.1% to $101.4M during the month.
    • The monthly tally was impacted by the later Labor Day holiday weekend this year.
    | Sep. 3, 2015, 7:27 AM
  • Sep. 2, 2015, 11:23 AM
    • Retail sales are expected to show negative growth in August on a same-store basis, according to analysis from Thomson Reuters.
    • The research firm sees a 0.2% decline in retail sales and a full percentage point drop if the drug store sector is backed out.
    • Factors that impacted August traffic at stores includes the later Labor Day weekend this year, F/X pain for global sellers, and lower gas prices for chains with pumps.
    • Mall retailers are expected to report soft traffic for the month as well as teens continue to be a hard group to pin down with cheap chic replacing margin-rich logo assortment.
    • Key retail stocks: COST, GPS, TGT, WMT, ZUMZ, BKE, ARO, AEO, ANF.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, IYC, FXD, PEJ, FDIS, RHS, FSTA, SCC, UCC, RCD, PMR, PEZ, UGE, PSL, PSCC, PSCD, SZK
    | Sep. 2, 2015, 11:23 AM | 2 Comments
  • Aug. 20, 2015, 7:16 AM
    • Buckle (NYSE:BKE) announces comparable-store sales decreased 1.7% in Q2.
    • Online sales were up 17.4% to $20.1M for the quarter.
    • The company's gross margin rate fell 20 bps to 40.1%.
    • Inventory +16.1% to $150.79M.
    • Previously: Buckle beats by $0.02, misses on revenue (Aug. 20 2015)
    | Aug. 20, 2015, 7:16 AM
  • Aug. 20, 2015, 7:03 AM
    • Buckle (NYSE:BKE): Q2 EPS of $0.49 beats by $0.02.
    • Revenue of $236.1M (+0.2% Y/Y) misses by $5.1M.
    | Aug. 20, 2015, 7:03 AM
  • Aug. 19, 2015, 5:30 PM
    | Aug. 19, 2015, 5:30 PM | 4 Comments
  • Aug. 8, 2015, 11:02 AM
    • Retail sales take center stage next week with a rebound for July expected after the headline number fell in June.
    • The consensus estimate is for a 0.5% M/M increase, although some projections range as high as 1%. A reading in negative territory could rattle markets.
    • Only handful of retail chains still issue monthly sales reports, but many of those that do reported positive growth for July. Costco (NASDAQ:COST), Fred's (NASDAQ:FRED), L Brands (NYSE:LB), Stein Mart (NASDAQ:SMRT), and Rite Aid (NYSE:RAD) all showed pockets of strength. Mall retailers Cato (NYSE:CATO), Zumiez (NASDAQ:ZUMZ), and Buckle (NYSE:BKE) were disappointments. Full Thomson/Reuters analysis (.pdf)
    • Two new factors emerged last week which could impact the U.S. retail sales print: (1) U.S. auto sales topped estimates for July; (2) several retailers warned later sales tax holidays in key states pushed back-to-school spending into August from July.
    • There's also the question if Wal-Mart's (NYSE:WMT) Amazon Prime Day counterpunch stoked extra sales. The Bentonville giant and Amazon (NASDAQ:AMZN) both reported strong responses.
    • On a broader scale, the retail sales report will factor into forecasts on when the Federal Reserve will lift interest rates.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, IYC, FXD, PEJ, FDIS, RHS, FSTA, SCC, UCC, RCD, PMR, PEZ, UGE, PSL, PSCC, PSCD, SZK
    | Aug. 8, 2015, 11:02 AM | 10 Comments
  • Aug. 6, 2015, 7:34 AM
    • Buckle (NYSE:BKE) reports same-store sales fell 8.1% in July.
    • Total Sales -6.7% to $73.7M.
    • The company is due to release Q2 earning on August 20.
    | Aug. 6, 2015, 7:34 AM | 2 Comments
  • Jul. 9, 2015, 7:20 AM
    • Buckle (NYSE:BKE) reports June same-store sales at +0.5%.
    • Total Sales +2.7% to $87.1M.
    | Jul. 9, 2015, 7:20 AM
  • Jun. 11, 2015, 8:48 AM
    • Clothing stores showed some signs of life in May as tipped in today's Retail Sales report.
    • The category was up 1.5% M/M and 3.6% Y/Y to outpace total retail sales.
    • The improvement is consistent is with the reads from the narrow range of apparel chains which still report monthly sales.
    • The sector has seen discounters show stronger traffic trends than mall-based chains, although both groups have eased off promotional activity a bit.
    • Previously: Retail sales stronger-than-expected in May
    • Related stocks: ANF, AEO, LUX, GES, CTRN, CATO, LB, PLCE, SSI, ROST, GPS, BOOT, CHS, MW, ANN, ASNA, BKE, DSW, EXPR, URBN, FRAN.
    | Jun. 11, 2015, 8:48 AM
Company Description
The Buckle, Inc. engages in the retail of casual apparel, footwear and accessories for men and women. It markets a selection of brand names and private label casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear. The company was founded by... More
Sector: Services
Industry: Apparel Stores
Country: United States