The Buckle Sees Dip In January Comps

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.