Trade Resources Industry Views The Buckle Reported Comparable Store Net Sales

The Buckle Reported Comparable Store Net Sales

The Buckle, Inc. reported comparable store net sales, for stores open at least one year, for the 5-week period ended Jan. 3 increased 2.5 percent. Net sales for the 5-week fiscal period ended January 3, 2015 increased 5.4 percent to $190.6 million from net sales of $180.9 million for the prior year 5-week fiscal period ended January 4, 2014.

Comparable store net sales year-to-date for the 48-week period ended January 3, 2015 decreased 0.1 percent from comparable store net sales for the 48-week period ended January 4, 2014. Net sales for the 48-week fiscal period ended January 3, 2015 increased 2.2 percent to $1.094 billion from net sales of $1.071 billion for the prior year 48-week fiscal period ended January 4, 2014.

The Company also announced today that, beginning with the new fiscal year, the Company will begin including online sales in its reported comparable store sales. Currently, online sales are excluded from comparable store sales. This change will be effective for the Company's February 2015 monthly sales release and for all future periods.

Headquartered in Kearney, NB, Buckle currently operates 463 retail stores in 44 states.

Source: http://www.sportsonesource.com/news/spor/spor_article.asp?section=4&Prod=1&id=54295
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The Buckle Sees Modest December Comp Gain