The Buckle, Inc. reported comparable store net sales for the four-week period ended Nov. 29, 2008, increased 15% from the same period ended Dec. 1, 2007.


Net sales for the four-week fiscal month increased 21.6% to $72.2 million from net sales of $59.4 million for the prior year four-week fiscal month.
 
Comparable store net sales year-to-date for the 43-week period ended November 29, 2008 increased 22.6% from comparable store net sales for the 43-week period ended Dec. 1, 2007.

 

Net sales for the 43-week fiscal period increased 29.7% to $612.8 million from net sales of $472.3 million for the prior year 43-week fiscal period.

During the four-week fiscal month ended November 29, 2008, the company repurchased 391,400 shares of its common stock at an average price of $16.23 per share. Of the shares repurchased, 356,400 were purchased pursuant to the 750,000 share corporate stock repurchase program authorized by the Board of Directors on Nov. 27, 2007, completing this authorization.


Additionally, 35,000 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 965,000 shares remaining to complete this authorization as of the end of the fiscal month.