The Buckle, Inc. reported net sales for the 13-week fiscal quarter ended October 28 decreased 8.7 percent to $303.5 million from net sales of $332.3 million for the prior-year corresponding period. Comparable store net sales for the quarter decreased 9.2 percent year-over-year.
Online sales decreased 16.2 percent to $46.1 million for the quarter compared to net sales of $55.0 million for the year-ago comp period.
Net income for the third quarter of fiscal 2023 was $51.8 million, or $1.04 per share on a diluted basis, compared with net income of $61.4 million, or $1.24 per share on a diluted basis, for the third quarter of fiscal 2022.
Photo courtesy Buckle