The Buckle, Inc.'s comparable store net sales for the four weeks ended Oct. 30 increased 2.6% from comparable store net sales for the year earlier period. Net sales for the four-week fiscal month increased 6.7% to $71.1 million from net sales of $66.6 million for the same period a year ago.
Comparable store net sales for the 13-week third quarter ended Oct. 30 increased 0.5% from comparable store net sales for the 13-weeks ended Oct. 31, 2009. Net sales for that period increased 5.2% to $243.3 million from net sales of $231.2 million for the prior year fiscal period.
For the 39-week year-to-date period ended Oct. 30, comparable store net sales decreased 1.0% from comparable store net sales for the 39-week period ended October 31, 2009. Net sales for the period increased 3.7% to $646.8 million from net sales of $623.8 million for the prior year 39-week fiscal period ended October 31, 2009.
During the four-week fiscal month ended October 30, the company repurchased 10,000 shares of its common stock at an average price of $26.06 per share. The shares were purchased pursuant to the 1,000,000 share corporate stock repurchase program authorized by the Board of Directors on Nov. 20, 2008. The company had 552,500 shares remaining to complete this authorization as of the end of the fiscal month.
