The Buckle's sales for the four-week period ended
February 28, 2004 increased 14.9 percent to $29.3 million from sales of
$25.5 million in the corresponding four-week period ended March 1, 2003.
Comparable store sales, for stores open at least one year, were up
10.8 percent for the same period.

Net income for the fourth quarter of fiscal 2003 was $15.0 million, or
$0.71 per share ($0.69 per share on a diluted basis), compared with
$12.4 million, or $0.59 per share ($0.57 per share on a diluted basis) for the
fourth quarter of 2002.

Net sales for the fourth quarter ended January 31, 2004, increased
8.8 percent to $134.1 million from $123.3 million for the fourth quarter of
fiscal 2002. Comparable store net sales, for stores open at least one year,
were up 4.2 percent for the 13 weeks ended January 31, 2004, compared with the
13 weeks ended February 1, 2003.

Net sales for the 52 weeks of fiscal 2003 increased 5.4 percent to
$422.8 million from $401.1 million in the 52 weeks of fiscal 2002. Comparable
store net sales were up 1.1 percent for the twelve months ended January 31,
2004 compared with the twelve months ended February 1, 2003.

Net income for the fiscal year ended January 31, 2004 was $33.7 million or
$1.60 per share ($1.56 per share on a diluted basis), compared with
$32.1 million or $1.52 per share ($1.47 per share on a diluted basis) for the
fiscal year ended February 1, 2003. As of January 31, 2004, the Company
operated 316 stores versus 304 stores as of February 1, 2003.

During fiscal 2003, the Company purchased 152,300 shares of the Company's
common stock at an average price of $19.04 per share. These shares were
purchased pursuant to the corporate stock repurchase program authorized by the
Board of Directors on December 27, 2000.

Headquartered in Kearney, Nebraska, The Buckle, Inc. is a retailer of
casual apparel, footwear and accessories for young men and women. It
currently operates 316 retail stores in 38 states compared with 306 stores in
37 states at this same time a year ago. The Company's store in Liberal,
Kansas recently re-opened in its permanent space. The Liberal store had been
operating from a temporary location since July 2003 after being seriously
damaged by a tornado.

THE BUCKLE, INC. - STATEMENTS OF INCOME
(in thousands, except per share data - unaudited)

Thirteen weeks ended Fifty-two weeks ended
01-31-04 02-01-03 01-31-04 02-01-03

Net Sales $134,099 $123,253 $422,820 $401,060

Cost of Sales 82,292 78,890 279,901 269,533

Gross Profit 51,807 44,363 142,919 131,527

Selling Expenses 25,356 23,280 79,668 74,754
General &
Administrative Expense 5,047 3,389 15,045 10,979

Income from Operations 21,404 17,694 48,206 45,794

Other Income 1,840 1,511 4,688 4,698

Income before Income
Taxes 23,244 19,205 52,894 50,492

Income Tax Expense 8,264 6,772 19,149 18,428

Net Income $14,980 $12,433 $33,745 $32,064

Basic Income per Share $0.71 $0.59 $1.60 $1.52

Diluted Income per Share $0.69 $0.57 $1.56 $1.47

Basic Weighted
Avg. Shares 21,237 21,045 21,094 21,119
Diluted Weighted
Avg. Shares 21,823 21,625 21,624 21,812

Selected Financial Data January 31, 2004 February 1, 2003
Cash and Investments $194,502 $162,028
Inventory $61,156 $60,041
Property and Equipment, Net $66,300 $64,606
Accounts Payable $14,207 $13,318