Buckle Inc. announced that total net sales for the 4-week fiscal month ended May 1, 2021 increased 718.0 percent to $93.6 million from net sales of $11.4 million for the prior year’s 4-week fiscal month ended May 2, 2020. Compared to the same 4-week period in fiscal 2019, net sales increased 57.0 percent from net sales of $59.6 million for the 4-week fiscal month ended May 4, 2019.
Net sales for the 13-week fiscal quarter ended May 1, 2021 increased 159.2 percent to $299.1 million from net sales of $115.4 million for the prior year 13-week fiscal quarter ended May 2, 2020. Compared to the same 13-week period in fiscal 2019, net sales increased 48.6 percent from net sales of $201.3 million for the 13-week fiscal period ended May 4, 2019.
Net sales for fiscal 2020 were significantly impacted by the company’s closure of all brick and mortar stores due to the COVID-19 pandemic beginning March 18, 2020. As a result of the impact of the store closures on prior-year reported net sales, the company will report total net sales each month compared to the past two years and does not plan to separately report comparable store sales for the months most affected by the store closures. The company plans to resume its regular monthly reporting with its August results.
Photo courtesy Buckle
