The Buckle, Inc. Reports May 2007 Net Sales
June 07, 2007 at 07:00 AM EDT
KEARNEY, Neb., June 7 /PRNewswire-FirstCall/ -- The Buckle, Inc. (NYSE:BKE) announced today that net sales for the four-week fiscal month ended June 2, 2007 increased 13.3 percent to $35.3 million from net sales of $31.1 million for the prior year four-week fiscal month ended May 27, 2006. Comparable store net sales, for stores open at least one year, increased 8.8 percent from comparable store net sales for the four-week period ended June 3, 2006.
Net sales year-to-date, for the seventeen-week fiscal period ended June 2, 2007, increased 11.1 percent to $156.4 million from net sales of $140.7 million for the prior year seventeen-week fiscal period ended May 27, 2006. Comparable store net sales year-to-date increased 7.0 percent from comparable store net sales for the seventeen-week period ended June 3, 2006.
Due to the 53rd week in fiscal 2006, comparable store net sales for the month and year-to-date periods are compared to the four-week and seventeen-week periods ended June 3, 2006.
Headquartered in Kearney, Nebraska, The Buckle, Inc. is a retailer of casual apparel, footwear, and accessories for young men and women. During fiscal May, the Company opened two new stores. It currently operates 355 retail stores in 38 states compared with 344 stores in 38 states as of June 7, 2006. 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 about The Buckle, Inc., can be found on the Internet at http://www.buckle.com Contact: Karen B. Rhoads, Chief Financial Officer The Buckle, Inc. 308/236-8491
Source: The Buckle, Inc.