The Buckle, Inc. reported same-store sales rose 3% in September. Net sales for the
five-week fiscal month ended Oct. 2, increased 8.7% to
$87.1 million from $80.1 million a year ago.
Comparable store net sales year-to-date for the 35-week period ended
October 2, 2010 decreased 1.5% from comparable store net sales
for the 35-week period ended October 3, 2009. Net sales for the 35-week
fiscal period ended October 2, 2010 increased 3.3% to $575.7
million from net sales of $557.2 million for the prior year 35-week
fiscal period ended October 3, 2009.
During the five-week fiscal month ended October 2, 2010, the company
repurchased 40,000 shares of its common stock at an average price of
$24.07 per share. The shares were purchased pursuant to the 1,000,000
share corporate stock repurchase program authorized by the Board of
Directors on November 20, 2008. The company had 562,500 shares remaining
to complete this authorization as of the end of the fiscal month.
Headquartered in Kearney, Nebraska,
Buckle currently operates 421 retail stores in 41 states.
