The Buckle, Inc. reported that sales for November increased by 5.6% to $42.5 million from sales of $40.3 million in November 2004. Comparable-store sales rose 0.3%.
Net sales year-to-date, for the 43-week period ended November 26, 2005 increased 6.7% to $390.3 million from sales of $365.6 million for the same 43-week period a year ago. Comparable-store sales year-to-date increased 2.0% from comparable-store sales in the same 43-week period last year.
During the four-week period ended November 26, 2005, the Company repurchased 53,300 shares of its common stock at an average price of $34.03 per share. These shares were purchased pursuant to the 500,000 share corporate stock repurchase program authorized by the Board of Directors on October 12, 2005. The Company has 446,500 shares remaining to be purchased to complete this authorization.
