The Buckle, Inc. announced that sales for the five-week period ended April 5, 2003 decreased 0.5 percent to $32.2 million from sales of $32.3 million in the corresponding five-week period ended April 6, 2002.
Comparable store sales, for stores open at least one year, for the five-week period ended April 5, 2003 were down 3.1 percent from comparable store sales for the prior year five-week period ended April 6, 2002.
Net sales year-to-date, for the nine weeks ended April 5, 2003 increased 1.2 percent to $57.7 million from $57.0 million for the corresponding nine weeks in the prior year. Comparable store sales year-to-date were down 1.5 percent from sales in the same nine-week period of the previous year.
During fiscal March 2003, the Company purchased 23,600 shares of the Company’s common stock at an average price of $16.85 per share. These shares were purchased pursuant to the corporate stock repurchase program authorized by the Board of Directors on December 27, 2000.
