The Buckle, Inc. reported net sales decreased 0.8 percent to $379.2 million for the 13-week fiscal quarter ended February 1, compared to net sales of $382.4 million for the prior-year 14-week fiscal quarter ended February 3, 2024.
- Comparable store net sales for the fourth quarter increased 3.9 percent year-year-year on a measured 13-week basis.
- Online sales increased 6.4 percent to $69.7 million for the fourth quarter, compared to net sales of $65.5 million for the 14-week period ended February 3, 2024.
Net income for the fourth quarter was $77.2 million, or $1.53 per diluted share, compared with $79.6 million, or $1.59 per diluted share for the fourth quarter of fiscal 2023.
Fiscal 2024 Full-Year Summary
Net sales for the 52-week fiscal year ended February 1 decreased 3.4 percent to $1.22 billion, compared to net sales of $1.26 billion for the 53-week fiscal year ended February 3, 2024.
- Comparable store net sales for fiscal 2024 year decreased 2.7 percent year-over-year on a 52-week basis.
- Online sales decreased 4.3 percent to $197.7 million for the fiscal year, compared to net sales of $206.5 million for the 2023 fiscal year.
Net income for the fiscal year ended February 1, 2025 was $195.5 million, or $3.89 per diluted share, compared with $219.9 million, or $4.40 per diluted share for the fiscal year ended February 3, 2024.
Image courtesy The Buckle, Inc.