The Buckle, Inc. announced that net income for the fiscal quarter ended February 2, 2013 was $61.4 million, or $1.28 per diluted share, up from $56.1 million, or $1.18 a year ago. Sales increased 7.0 percent to $360.6 million from net sales of $337.1 million.
Comparable store net sales for the 14-week period ended February 2, 2013 were flat in comparison to comparable store net sales for the prior year 14-week period ended Feb. 4, 2012. Online sales (which are not included in comparable store sales) increased 5.4 percent to $29.1 million for the 14-week period ended Feb. 2, 2013, compared to net sales of $27.6 million for the 13-week period ended Jan. 28, 2012.
Net income for the fiscal year February 2, 2013 was $164.3 million, or $3.47 per share ($3.44 per share on a diluted basis).
Net sales for the 53-week fiscal year ended Feb. 2, 2013 increased 5.7 percent to $1.124 billion from net sales of $1.063 billion for the 52-week fiscal year ended Jan. 28, 2012. Comparable store net sales increased 2.1 percent from comparable store net sales for the prior year 53-week period ended Feb. 4, 2012. Online sales (which are not included in comparable store sales) increased 8.4 percent to $84.5 million for the 53-week period ended Feb. 2, 2013, compared to net sales of $78.0 million for the 52-week period ended Jan. 28, 2012.
Net income for the fiscal year ended Feb. 2, 2013 was $164.3 million, or $3.47 per share ($3.44 per share on a diluted basis), compared with $151.5 million, or $3.23 per share ($3.20 per share on a diluted basis) for the fiscal year ended Jan. 28, 2012.
