Buckle distinction misses as sales fall

May 21, 2015 - fall Denim

Buckle Inc. on Thursday reported weaker-than-expected distinction for a initial entertain as a retailer’s sales and margins both fell.

Shares fell 2.6% in premarket trading.

Dropbox - 404
Error: 404

File not found


Sorry, that file doesn’t live here anymore. It might have been moved or made private.

Learn about Dropbox

Buckle, that sells brands including Diesel and Guess, has seen a sales expansion delayed in new years as a margins have also faced pressure. The retailer, that typically gets scarcely half of a sales from jeans, has also concurred that a flourishing recognition of yoga pants has cut into a women’s denim sales.

Overall, for a entertain finished May 2, Buckle reported a distinction of $33.6 million, or 70 cents a share, contra $37.3 million, or 78 cents a share, a year ago.

Analysts polled by Thomson Reuters foresee gain of 78 cents a share.

Gross domain narrowed to 41.9% from 43.1% a year earlier.

Buckle reported progressing this month net sales edged down 0.1% to $271.3 million for a period.

The association also pronounced a same-store sales, that includes stores open during slightest a year, fell 2.2% in a initial quarter, with a 3.8% diminution in a metric in April.

The declines followed a 1.1% uptick in same-store sales in a holiday quarter, Buckle’s initial quarterly boost in a metric given 2013.

Write to Chelsey Dulaney during Chelsey.Dulaney@wsj.com

Access Investor Kit for The Buckle, Inc.

Visit http://www.companyspotlight.com/partner?cp_code=P479isin=US1184401065

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Other product ...

  • The Buckle November comp store sales fall 1% – Shop-EatThe Buckle November comp store sales fall 1% – Shop-Eat Press Release: THE BUCKLE, INC. REPORTS NOVEMBER 2014 NET SALES KEARNEY, NE -- The Buckle, Inc. (NYSE: BKE) announced today that comparable store net sales, for stores open at least […]
  • BDG Jeans Are All Buy-One-Get-One 50% Off Right NowBDG Jeans Are All Buy-One-Get-One 50% Off Right Now BDG might not be the first denim brand you’d think of for good jeans, but honestly they’re pretty great, especially at this price point. If you haven’t checked in with BDG since getting […]
  • Replay: The Style: Fall DenimReplay: The Style: Fall Denim Allover denim is back like you've never seen it: This season's blues get a high-fashion jump-start with frayed edges and unexpected silhouettes. Follow fashion consultant Yasmin Sewell's […]

› tags: fall Denim /