The Buckle, Inc. Reports March 2024 Net Sales and Announces the Appointment of Stacey M. Manary as Vice President of Women’s Merchandising
11 Aprile 2024 - 12:50PM
Business Wire
The Buckle, Inc. (NYSE: BKE) announced today that comparable
store net sales, for stores open at least one year, for the 5-week
period ended April 6, 2024 decreased 9.4 percent from comparable
store net sales for the 5-week period ended April 8, 2023. Net
sales for the 5-week fiscal month ended April 6, 2024 decreased 8.0
percent to $104.3 million from net sales of $113.4 million for the
prior year 5-week fiscal month ended April 1, 2023.
Comparable store net sales year-to-date for the 9-week period
ended April 6, 2024 decreased 10.3 percent from comparable store
net sales for the 9-week period ended April 8, 2023. Net sales for
the 9-week fiscal period ended April 6, 2024 decreased 6.8 percent
to $182.6 million compared to net sales of $195.9 million for the
prior year 9-week fiscal period ended April 1, 2023.
Due to the 53rd week in fiscal 2023, comparable store net sales
for the month and year-to-date periods are compared to the 5-week
and 9-week periods ended April 8, 2023.
The Company also announced that Stacey M. Manary has been
appointed to the position of Vice President of Women’s
Merchandising effective April 1, 2024. Ms. Manary has been employed
by Buckle since September 1995 and most recently served as Director
of Women’s Denim Merchandising & Operations.
Dennis H. Nelson, President and Chief Executive Officer,
commented, “Stacey has been a valuable member of our women’s
merchandising team for nearly 29 years. She has made an incredible
impact on our women’s product over the years and especially our
women’s denim. I am excited to see how the team can continue to
grow under her expanded leadership."
About Buckle
Buckle is a specialty retailer focused on delivering exceptional
service and style through unforgettable experiences. Offering a
curated mix of high-quality, on-trend apparel, accessories, and
footwear, Buckle is for those living the styled life. Known as a
denim destination, each store carries a wide selection of fits,
styles, and finishes from leading denim brands, including the
Company’s exclusive brand, BKE. Headquartered in Kearney, Nebraska,
Buckle currently operates 440 retail stores in 42 states, which
includes the closing of one store in fiscal March, as well as the
closing of one store earlier this week (after the fiscal month
ended). The Company operated 439 stores in 42 states as of April
11, 2023. To listen to the Company’s recorded monthly sales
commentary, please call (308) 238-2500.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995: All forward-looking statements made by the
Company involve material risks and uncertainties and are subject to
change based on factors which may be beyond the Company's control.
Accordingly, the Company’s future performance and financial results
may differ materially from those expressed or implied in any such
forward-looking statements. Such factors include, but are not
limited to, those described in the Company’s filings with the
Securities and Exchange Commission. The Company does not undertake
to publicly update or revise any forward-looking statements even if
experience or future changes make it clear that any projected
results expressed or implied therein will not be realized.
News releases and other information on The
Buckle, Inc. can be accessed at www.buckle.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240411434067/en/
Thomas B. Heacock, Chief Financial Officer The Buckle,
Inc. (308) 236-8491
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