08 Feb The Buckle Sees Dip In January Comps
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended February 2, 2019 decreased 2.2 percent from comparable store net sales for the 4-week period ended February 3, 2018. Net sales for the 4-week fiscal month ended February 2, 2019 decreased 17.9 percent to $45.8 million from net sales of $55.7 million for the prior year 5-week fiscal month ended February 3, 2018.
Comparable store net sales for the 13-week fourth quarter ended February 2, 2019 decreased 0.6 percent from comparable store net sales for the 13-week period ended February 3, 2018. Net sales for the 13-week fiscal fourth quarter ended February 2, 2019 decreased 6.0 percent to $264.4 million compared to net sales of $281.2 million for the prior year 14-week fiscal fourth quarter ended February 3, 2018.
Comparable store net sales for the 52-week year-to-date period ended February 2, 2019 decreased 0.9 percent from comparable store net sales for the 52-week period ended February 3, 2018. Net sales for the 52-week fiscal period ended February 2, 2019 decreased 3.1 percent to $885.5 million from net sales of $913.4 million for the prior year 53-week fiscal period ended February 3, 2018.
Due to the 53rd week in fiscal 2017, comparable store net sales for the month, quarter, and year-to-date periods are compared to the 4-week, 13-week, and 52-week periods ended February 3, 2018 while total net sales are compared to the 5-week, 14-week, and 53-week fiscal periods ended February 3, 2018.