The Buckle's sales for the four-week period ended August 28, 2004 increased 13.3% to $54.5 million from sales of $48.1 million in the corresponding four-week period ended August 30, 2003. Comparable store sales for the four-week period increased 6.7% from comparable store sales for the prior year four-week period.
Net sales year-to-date, for the 30 weeks ended August 28, 2004 increased 14.2 percent to $246.1 million from $215.5 million for the corresponding 30 weeks in the prior year. Comparable store sales year-to-date were up 8.7 percent from sales in the same 30-week period of the previous year.
Beginning with the four-week period ended May 1, 2004, the Company changed its method of reporting comparable store sales to exclude Internet sales. Comparable store sales reported above for the four and thirty week periods ended August 28, 2004 reflect the impact of this change.
During the four weeks ended August 28, 2004, the Company purchased 60,000 shares of the Company's common stock at an average price of $26.25 per share. These shares were purchased pursuant to the corporate stock repurchase program authorized by the Board of Directors on December 27, 2000. The Company has 43,675 shares remaining to be purchased to complete this authorization.
