The Buckle, Inc. reported comparable store sales fell 6.6 percent in January compared to a year earlier, when sales figures for the January reporting period included an additional week of sales.
Net sales for the four-week fiscal month ended Feb. 1, 2014 decreased 27.9 percent to $56.9 million from net sales of $78.8 million for the prior year five-week fiscal month ended Feb. 2, 2013.
January 2014 was a 4-week fiscal period, ending The Buckle, Inc.’s 52-week fiscal year. January 2013 was a 5-week fiscal period, ending a 53-week fiscal year.
Comparable store net sales for the month, quarter, and year-to-date periods are compared to the 4-week, 13-week, and 52-week periods ended Feb. 2, 2013.
Comparable store net sales for the 13-week fourth quarter ended Feb. 1 decreased 2.8 percent from comparable store net sales for the 13-week period ended Feb. 2, 2013. Net sales for the 13-week fiscal fourth quarter ended Feb. 1 decreased 6.0 percent to $339.0 million compared to net sales of $360.6 million for the prior year 14-week fiscal fourth quarter ended Feb. 2, 2013.
Comparable store net sales year-to-date for the 52-week period ended Feb. 1 were flat in comparison to the 52-week period ended Feb. 2, 2013. Net sales for the 52-week fiscal year ended Feb. 1 increased 0.4 percent to $1.128 billion from net sales of $1.124 billion for the prior year 53-week fiscal year ended Feb. 2, 2013.
Known as a denim destination, Buckle is headquartered in Kearney, NE and currently operates 449 retail stores in 43 states compared to 440 stores in 43 states as of Feb. 6, 2013.
