The Buckle, Inc. reported third-quarter earnings were essentially flat at $40.6 million, or 84 cents per share. Net sales for the 13-week fiscal quarter ended Nov. 1, 2014 increased 1.9 percent to $292.2 million from net sales of $286.8 million for the prior year 13-week fiscal quarter ended Nov. 2, 2013. Comparable store net sales for the 13-week period ended Nov. 1, 2014 decreased 0.3 percent from comparable store net sales for the prior year 13-week period ended Nov. 2, 2013. Online sales (which are not included in comparable store sales) increased 3.8 percent to $22.8 million for the 13-week period ended Nov. 1, 2014, compared to net sales of $22.0 million for the 13-week period ended Nov. 2, 2013.
Net sales for the 39-week fiscal period ended Nov. 1, 2014 increased 1.3 percent to $799.6 million from net sales of $789.0 million for the prior year 39-week fiscal period ended Nov. 2, 2013. Comparable store net sales for the 39-week period ended Nov. 1, 2014 decreased 0.5 percent from comparable store net sales for the prior year 39-week period ended Nov. 2, 2013. Online sales (which are not included in comparable store sales) increased 2.8 percent to $61.4 million for the 39-week period ended Nov. 1, 2014, compared to net sales of $59.7 million for the 39-week period ended Nov. 2, 2013.
Net income for the third quarter of fiscal 2014 was $40.6 million, or $0.85 per share ($0.84 per share on a diluted basis), compared with $40.6 million, or $0.85 per share ($0.85 per share on a diluted basis) for the third quarter of fiscal 2013.
Net income for the 39-week fiscal period ended Nov. 1, 2014 was $102.4 million, or $2.14 per share ($2.13 per share on a diluted basis), compared with $103.3 million, or $2.17 per share ($2.15 per share on a diluted basis) for the 39-week period ended Nov. 2, 2013.
