BKE

KEARNEY, Neb., June 02, 2026--(BUSINESS WIRE)--The Buckle, Inc. (NYSE: BKE) announced that at its quarterly meeting of the Board of Directors, held on June 1, 2026, the Board authorized a $0.35 per share quarterly dividend to be paid to shareholders of record at the close of business on July 15, 2026, with a payment date of July 29, 2026. 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 445 retail stores in 42 states, which includes the opening of one new store located in Weatherford, Texas yesterday. 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 View source version on businesswire.com: https://www.businesswire.com/news/home/20260602820887/en/ Contacts Thomas B. Heacock, Chief Financial OfficerThe Buckle, Inc. (308) 236-8491

A legal settlement made the quarter look great, but investors saw right through it to the rising costs underneath. If you just glanced at Buckle (BKE)’s headline numbers, you’d be scratching your head. The company sailed past earnings estimates with $0.92 per share. Yet the stock promptly fell -9.1% on a flat day for the market. What gives? It turns out investors were looking past the headlines and into the footnotes. The Women's Aisle Is Still a Gold Mine To be fair, there's real strength here. The women's business is firing on all cylinders, with merchandise sales up 11% for the quarter. That performance helped drive a respectable 5.1% increase in comparable store sales, showing Buckle can still get shoppers in the door and spending. A Convenient One-Time Boost But that impressive bottom line had a secret ingredient: a $19.1 million interchange fee litigation settlement. It was a one-time windfall. If you strip that out, the picture changes. Management noted that, “Absent the impact of this settlement, SG&A expenses were up 150 basis points for the quarter,” driven by higher compensation costs. The Back Room Is Getting Crowded That cost creep is where the market’s anxiety is focused. The problem extends beyond the expense line. Gross margin for the quarter was 46.2%, a dip from the prior year. More concerning, inventory ballooned. The company ended the quarter with its inventory up 13.5% from a year ago, more than double its 6.1% growth in net sales. That’s a lot of extra denim to move. Buckle's limited e-commerce presence means excess inventory has nowhere to go but the clearance rack, and clearance pricing is precisely what eats into the gross margins the market is already watching closely. So, the story isn't about a single great quarter. It's about whether the underlying business can outrun its own rising costs and inventory build. The legal settlement is in the rearview mirror. Now, the focus shifts to fundamentals. The single most important number to watch next quarter will be that inventory line. If Buckle can get it growing slower than sales again, the market might start believing in the bottom line. If not, this quarter's sell-off could be just the beginning. So, What Should You Do? Reacting to a single earnings print is its own kind of risk. The Trefis High Quality (HQ) Portfolio takes the other side of that bet: 30 quality names, sized and re-ba...

KEARNEY, Neb., May 29, 2026--(BUSINESS WIRE)--The Buckle, Inc. (NYSE: BKE) announced today that net income for the fiscal quarter ended May 2, 2026 was $46.9 million, or $0.93 per share ($0.92 per share on a diluted basis). Net sales for the 13-week fiscal quarter ended May 2, 2026 increased 6.1 percent to $288.7 million from net sales of $272.1 million for the prior year 13-week fiscal quarter ended May 3, 2025. Comparable store net sales for the 13-week fiscal quarter ended May 2, 2026 increased 5.1 percent from comparable store net sales for the prior year 13-week period ended May 3, 2025. Online sales increased 2.8 percent to $47.7 million for the 13-week fiscal quarter ended May 2, 2026, compared to net sales of $46.4 million for the 13-week fiscal quarter ended May 3, 2025. Net income for the first quarter of fiscal 2026 was $46.9 million, or $0.93 per share ($0.92 per share on a diluted basis), compared with net income of $35.2 million, or $0.70 per share ($0.70 per share on a diluted basis) for the first quarter of fiscal 2025. As disclosed in the Company’s Form 10-K filed with the Securities and Exchange Commission on April 1, 2026, the Company entered into a final settlement agreement resolving interchange fee litigation and received cash proceeds of $19.1 million, net of legal fees, during the fiscal quarter ended May 2, 2026. The Company recorded the settlement as a reduction to Selling Expenses for the quarter ended May 2, 2026. Management will hold a live audio webcast at 10:00 a.m. EDT today to discuss results for the quarter. To register for the live event, please visit https://buckle.zoom.us/webinar/register/WN_1biv_wJXRU2zF4J96aDa4Q. A replay of the event can be accessed through Buckle’s investor relations website within twenty-four hours after the conclusion of the live event (https://corporate.buckle.com/investor-relations/events). 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 444 retail stores in 42 s...

Interested in Buckle, Inc. (The)? Here are five stocks we like better. Buckle posted stronger Q1 results, with net income rising to $46.9 million, or $0.92 per share, versus $35.2 million, or $0.70 per share, a year ago. Net sales increased 6.1% to $288.7 million, while comparable-store sales rose 5.1%. Women’s and kids merchandise were key growth drivers. Women’s sales jumped 11% and kids sales rose about 16%, helping offset softer performance in men’s denim and boosting overall store mix. Margins benefited from a litigation settlement, with SG&A expenses falling sharply due to recognition of a $19.1 million interchange fee settlement. Excluding that benefit, SG&A rose as a percentage of sales, while the company also noted some pressure from tariffs, fuel surcharges, and higher occupancy costs. 3 Small-Cap Stocks to Buy as the Russell 2000 Extends Its Rally Buckle (NYSE:BKE) reported higher first-quarter sales and earnings, helped by comparable-store growth, continued strength in women’s merchandise and a significant reduction in reported selling, general and administrative expenses tied to a litigation settlement. Tom Heacock, senior vice president of finance, treasurer and chief financial officer, said the apparel retailer posted net income of $46.9 million, or $0.92 per diluted share, for the 13-week quarter ended May 2, 2026. That compared with net income of $35.2 million, or $0.70 per diluted share, in the prior-year first quarter. → Rocket Lab Keeps Making Headlines and Highs—Here's What's Driving the Latest Move Compound your way to wealth with these retail stocks Net sales increased 6.1% to $288.7 million from $272.1 million a year earlier. Comparable-store sales rose 5.1%, while online sales increased 2.8% to $47.7 million. Heacock said gross margin was 46.2% of sales, down 50 basis points from 46.7% in the first quarter of fiscal 2025. The decline reflected a 10-basis-point reduction in merchandise margins and a 40-basis-point impact from higher buying, distribution and occupancy expenses. → Record Revenue, Rising Dividends—So Why Aren't Analysts Saying Buy? 3 Unstoppable Value Stocks You Did Not Expect Selling, general and administrative expenses were 25.6% of net sales, compared with 30.7% in the prior-year period. Heacock attributed the decrease to a 660-basis-point impact from the recognition of a $19.1 million interchange fee litigation settl...

Buckle (BKE) reported fiscal Q1 earnings Friday of $0.92 per diluted share, up from $0.70 a year ear

The Buckle, Inc. (NYSE:BKE) rose nearly 5% in pre-market trading on Friday after the apparel retailer reported first-quarter results that exceeded Wall Street forecasts on both earnings and revenue. The company delivered adjusted earnings per share of $0.92, comfortably ahead of the analyst consensus estimate of $0.68, while revenue also surpassed expectations. First-quarter revenue increased to $288.7 million, exceeding analyst forecasts of $282.3 million and representing a 6.1% improvement from $272.1 million reported in the same period a year earlier. The retailer also generated solid comparable sales growth during the quarter, reflecting healthy customer demand across its store network. Comparable store sales rose 5.1% year-on-year, while online sales increased 2.8% to $47.7 million. Net income for the quarter reached $46.9 million, or $0.93 per basic share, compared with $35.2 million, or $0.70 per share, in the corresponding period last year. The improvement in profitability was supported by both higher sales and a one-off legal settlement benefit recorded during the quarter. Buckle received $19.1 million in net cash proceeds related to the settlement of interchange fee litigation. The payment, received after legal expenses, was recorded as a reduction in selling expenses during the reporting period, contributing positively to earnings. “The Company entered into a final settlement agreement resolving interchange fee litigation and received cash proceeds of $19.1 million, net of legal fees, during the fiscal quarter,” the company stated in its earnings release. The retailer continued to grow its physical presence during the quarter through a combination of new openings and portfolio optimisation. Buckle opened three new locations in Baraboo, Wisconsin, Gretna, Nebraska, and Buckeye, Arizona. At the end of the first quarter, the company operated 442 stores across 42 U.S. states, compared with 439 locations a year earlier. The company also closed one store shortly after the fiscal quarter ended as part of its ongoing management of the store portfolio. The combination of earnings growth, higher sales, positive comparable-store performance and continued expansion helped drive investor optimism following the results announcement. The quarterly report suggested that Buckle continues to benefit from resilient consumer spending trends and disciplined cost manag...

Image source: The Motley Fool. Friday, May 29, 2026 at 10 a.m. ET Chief Financial Officer — Thomas Heacock Vice President of Finance — Adam J. Akerson Chief Executive Officer — Dennis H. Nelson Thomas Heacock: Good morning, and thanks for joining us this morning. Our 05/29/2026 press release reported that net income for the 13 week first quarter, which ended 05/02/2026, was $46.9 million or $0.92 per share on a diluted basis, which compares to net income of 35.2 million or $0.70 per share on a diluted basis for the prior year 13 week first quarter which ended 05/03/2025. Net sales for the quarter increased 6.1% to $289 million compared to net sales of $272 million for the prior year. Comparable store sales for the quarter increased 5.1% in comparison to the same 13 week period in the prior year, and our online sales increased 2.8% to 47.7 million. For the quarter, UPTs decreased approximately 1% The average unit retail increased to approximately 4.5%, and the average transaction value increased about 3.5%. Gross margin for the quarter was 46.2%, a decrease of 50 basis points from 46.7% in the first quarter of 2025. With the decrease being the result of a 10 basis point reduction in merchandise margins, along with a 40 basis point impact from increased buying distribution and occupancy expense Selling, general and administrative expenses for the quarter were 25.6% of net sales compared to 30.7 for the first quarter of 2025. The first quarter decrease was due to a 660 basis point impact from the recognition of a $19.1 million interchange fee litigation settlement during the first quarter of 2026 as disclosed in our 2025 Form 10-Ks. Absent the impact of this settlement, SG and A expenses were up 150 basis points for the quarter. Which was driven by a 100 basis point increase in incentive and equity compensation accruals, a 30 basis point increase in store related compensation expense, and a 20 basis point increase in other SG and A expense categories. As a result, our operating margin for the quarter was 20.6% compared to 16% for the first quarter of fiscal 2025. Income tax expense as a percentage of pretax net income for both the current and prior year first quarter was 24.5%. Our press release also included a balance sheet as of 05/02/2026, which included the following. Inventory of 150 million which was up 13.5% from the same time a year ago and $324 million...

KEARNEY, Neb. (AP) — KEARNEY, Neb. (AP) — Buckle Inc. (BKE) on Friday reported fiscal first-quarter profit of $46.9 million. The Kearney, Nebraska-based company said it had net income of 92 cents per share. The teen clothing retailer posted revenue of $288.7 million in the period. Buckle shares have fallen slightly more than 5% since the beginning of the year. The stock has increased 17% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BKE at https://www.zacks.com/ap/BKE

This article first appeared on GuruFocus. Net Income: $46.9 million or $0.92 per share, up from $35.2 million or $0.70 per share in the prior year. Net Sales: Increased 6.1% to $288.7 million from $272.1 million in the prior year. Comparable Store Sales: Increased 5.1% year-over-year. Online Sales: Increased 2.8% to $47.7 million. Gross Margin: 46.2%, down 50 basis points from 46.7% in the prior year. SG&A Expenses: 25.6% of net sales, down from 30.7% due to a $19.1 million litigation settlement. Operating Margin: 20.6%, up from 16% in the prior year. Inventory: $150.2 million, up 13.5% year-over-year. Total Cash and Investments: $323.8 million. Capital Expenditures: $14.7 million, including $13.5 million for new store construction and remodels. Store Count: Ended the quarter with 442 stores, up from 439 stores in the prior year. Women's Merchandise Sales: Increased 11%, representing 52% of total sales. Men's Merchandise Sales: Increased 2%, representing 48% of total sales. Accessory Sales: Increased approximately 6% year-over-year. Footwear Sales: Increased about 0.5% year-over-year. Kids Business Sales: Increased approximately 16% year-over-year. Warning! GuruFocus has detected 2 Warning Sign with BKE. Is BKE fairly valued? Test your thesis with our free DCF calculator. Release Date: May 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Buckle Inc (NYSE:BKE) reported a significant increase in net income for the first quarter of 2026, reaching $46.9 million or $0.92 per share, compared to $35.2 million or $0.70 per share in the prior year. Net sales for the quarter increased by 6.1% to $288.7 million, with comparable store sales rising by 5.1% and online sales increasing by 2.8%. The women's merchandise segment showed strong performance, with sales up 11% year-over-year, driven by the denim category and alternative pant collection. Operating margin improved to 20.6% from 16% in the first quarter of fiscal 2025, indicating better operational efficiency. Buckle Inc (NYSE:BKE) successfully opened six new stores and completed seven full store remodels during the quarter, demonstrating expansion and investment in retail infrastructure. Gross margin for the quarter decreased by 50 basis points to 46.2%, primarily due to a reduction in merchandise margins and increased buying distribution and occupancy ex...

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Buckle (BKE) just released sales figures for the 4 week period ended May 2, 2026, and the 13 week year to date period, giving you fresh data to gauge how the retailer is performing. See our latest analysis for Buckle. The fresh sales update comes after a softer patch in the share price, with a 1-day share price return of a 4.01% decline and a 7-day share price return of a 5.84% decline. However, the 1-year total shareholder return of 53.77% and 5-year total shareholder return of 108.46% indicate that long term holders have still seen strong compounding. If this latest move has you thinking more broadly about retail and consumer opportunities, it may be worth widening your search with our 18 top founder-led companies With Buckle trading near its analyst price target yet sitting on an estimated 32% intrinsic discount, along with solid recent sales growth, investors now need to ask whether there is meaningful upside left or whether the stock is already pricing in potential future gains. Buckle currently trades on a P/E of 12.7x, while recent performance has outpaced both the wider US market and the US Specialty Retail industry, which can make that multiple look modest in comparison. The P/E ratio tells you how much investors are paying today for each dollar of Buckle's earnings, which is particularly useful for an established, profitable retailer. With earnings growing over the past year and a long operating history, using earnings as the anchor for valuation aligns well with how many investors compare retailers. Against that backdrop, the stock is described as trading at good value compared to peers and the broader industry, with Buckle's 12.7x P/E sitting below both the peer average of 16.9x and the US Specialty Retail industry average of 19.7x. The estimated fair P/E of 13.1x is also only slightly above the current level. This indicates the market may still move closer to that reference point if conditions remain similar. Explore the SWS fair ratio for Buckle In addition to the multiples view, the SWS DCF model currently points to a fair value of $76.91 per share, compared with the last close at $52.36. That model estimates the value of Buckle by projecting future cash flows and discounting them back to today at an appropriate rate, which can hi...

KEARNEY, Neb., March 24, 2026--(BUSINESS WIRE)--The Buckle, Inc. (NYSE: BKE) announced that at its quarterly meeting of the Board of Directors, held on March 23, 2026, the Board authorized a $0.35 per share quarterly dividend to be paid to shareholders of record at the close of business on April 15, 2026, with a payment date of April 29, 2026. 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. 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 View source version on businesswire.com: https://www.businesswire.com/news/home/20260324431231/en/ Contacts Thomas B. Heacock, Chief Financial Officer The Buckle, Inc. (308) 236-8491