The Buckle (BKE) Dec. Comps Increase 5%

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 January 4, 2020 increased 5.0 percent from comparable store net sales for the 5-week period ended January 5, 2019. Net sales for the 5-week fiscal month ended January 4, 2020 increased 4.8 percent to $143.9 million from net sales of $137.4 million for the prior year 5-week fiscal month ended January 5, 2019.

Due to the later Thanksgiving holiday this year, Cyber Monday shifted from fiscal November in 2018 to fiscal December in 2019. The increase in online sales for the fiscal month due to this shift positively impacted both total and comparable store net sales. Excluding online sales, brick and mortar comparable store net sales for the 5-week period ended January 4, 2020 increased 1.9 percent from brick and mortar comparable store net sales for the 5-week period ended January 5, 2019.

Comparable store net sales year-to-date for the 48-week period ended January 4, 2020 increased 2.0 percent from comparable store net sales for the 48-week period ended January 5, 2019. Net sales for the 48-week fiscal period ended January 4, 2020 increased 1.6 percent to $853.0 million from net sales of $839.7 million for the prior year 48-week fiscal period ended January 5, 2019.

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