Profits at The Buckle, Inc. rose 33.2 percent in the first quarter ended May 2 as sales climbed 6.1 percent. Comparable store sales grew 5.1 percent in the quarter.
Net sales for the 13-week fiscal quarter reached $288.7 million, up from $272.1 million a year ago. Online sales increased 2.8 percent to $47.7 million.
Net income for the first quarter was $46.9 million, or 93 cents per diluted share, compared with net income of $35.2 million, or 70 cents, in the same period a year ago.
Headquartered in Kearney, NE, Buckle currently operates 444 retail stores in 42 states, including the opening of three new stores in Baraboo, WI, Gretna, NE, and Buckeye, AZ, as well as the closing of one store earlier this month, after the fiscal month ended.
Image courtesy The Buckle
