The Buckle, Inc. reported that net income jumped 46.4% on an 11.4% sales increase for the first quarter ended April 30, 2005. Net income for the first quarter of fiscal 2005 was $8.6 million, or 40 cents per diluted share, compared with $5.9 million, or $0.27 per diluted share for the first quarter of 2004.
Net sales for the first quarter (13 weeks) ended April 30, 2005, increased 11.4 percent to $105.5 million from $94.8 million for the first quarter (13 weeks) of fiscal 2004. Comparable store net sales, for stores open at least one year, were up 6.4 percent for the 13 weeks ended April 30, 2005, compared with the 13 weeks ended May 1, 2004.