The Buckle, Inc.'s net sales for the five-week period ended September 30, 2006 increased 12.0% to $50.0 million from net sales of $44.7 million in the corresponding five-week period ended October 1, 2005. Comparable store net sales increased 8.7%.
Net sales year-to-date for the 35-week period ended September 30, 2006 increased 1.6 percent to $313.6 million from net sales of $308.6 million for the same 35-week period a year ago. Comparable store net sales year-to-date declined 2.6 percent from comparable store net sales for the same 35-week period last year.
During the five-week period ended September 30, 2006, the Company repurchased 198,600 shares of its common stock at an average price of $36.22 per share. These shares were purchased pursuant to the 1,000,000 share corporate stock repurchase program authorized by the Board of Directors. The Company has 278,200 shares remaining to be purchased to complete this authorization.
