August 18, 2011

Buckle Inc posts higher Q2 profit on rugged denim sales

August 18 - Buckle Inc posted a higher second-quarter profit as the apparel and footwear retailer saw strong demand for its fashionable denims. Net income rose to $23.6 million, or 50 cents a share, compared with $20.7 million or 45 cents a share, a year ago.

Buckle offers a large selection of brands: Lucky Brand, Affliction, Sinful, Quiksilver, Billabong, Projek Raw and many more.

The company, whose merchandise included third-party brands like Guess, Diesel, Hurley and Ed Hardy said revenue was up 12.6 percent to $212.4 million. Same-store sales rose 8.9 percent.

Shares of the Kearney, Nebraska-based company closed at $37.40 on Wednesday on the New York Stock Exchange.

(Reporting by Meenakshi Iyer in Bangalore; Editing by Joyjeet Das)

archives Buckle

3/8/12
Buckle 4th-quarter beats Wall Street estimates
...retailer Buckle Inc posted a better-than-expected quarterly profit, helped by higher comparable store sales and growing online demand.
See complete article
3/1/12
Weather helps store sales; even Gap up
...d The Buckle Inc (BKE.N) and Zumiez Inc (ZUMZ.O)."We believe that very favorable weather patterns during the month helped boost demand for spring apparel," TJX Chief Executive Officer Carol Meyrowitz said...
See complete article
2/23/12
London Olympics inspiring figure-hugging fashions
...a gold buckle around khaki, tartan and grey coats, as well as around delicate dresses featuring brightly coloured flowers on layers of black tulle.Sportswear-influenced clothing has traditionally been functional...
See complete article
12/13/11
S.Koreans go mass-market, online for luxury goods
...cross buckle. "I will have to tighten my belt when the bill arrives next month, but they were cheaper than at local stores." Jin will not be alone waiting for that bill from a foreign shopping spree in a...
See complete article
9/19/11
Dress down Friday gets a makeover
...the belt buckle.* Stick to striped, solid, and small-patterned ties.* Don't wear socks that have holes in them or ones that have worn thin.* Shoes must be polished before each use.* Shoes and belt should...
See complete article
6/7/11
Talbots sees little respite, shares tank
...margins buckle under heavy discounts. For the first quarter, the 64-year-old company posted adjusted earnings of 8 cents a share, compared with market estimates of 3 cents. In April 2010, the company had...
See complete article
4/7/11
Retailers' March sales not as bleak as expected
...Zumiez Inc, Buckle and Wet Seal also reported better than-expected sales for the month. "The retailers that have the right assortment are still doing well," said Tom Clarke, director of...
See complete article
1/6/11
US Dec retail sales dented by blizzard, frugality
...gain. Buckle Inc's 6.1 percent gain topped estimates. Hot Topic's same-store sales fell again, down 1.7 percent, but still beat expectations. Those set to report December sales on Thursday include...
See complete article
11/18/10
Specialty apparel retailers eye steady holiday sales
...d The Buckle Inc (BKE.N) also beat Wall Street estimates as third-party brands Guess, Silver Jeans, Hurley and Fossil remained popular with teens. However, analysts have been concerned about how the company will...
See complete article
9/15/10
Marc Jacobs looks to '70s, Tom Ford guards his secrets
...at the buckle and the young models wore huge summer hats in straw over charcoal-lined eyes, evoking the tragic young prostitute played by Jodie Foster in "Taxi Driver." By Paola Messana
See complete article
4/8/10
Early Easter boosts March retail sales
...and The Buckle Inc (BKE.N) on Thursday 8 April. But in a sign of how Wall Street expectations may be getting ahead of actual performance, Abercrombie & Fitch (ANF.N) came in short of forecasts with a 5 percent...
See complete article
3/11/10
Buckle fourth quarter profit tops estimates
...retailer Buckle Inc reported a better-than-expected quarterly profit, helped by strong online sales.
See complete article
3/7/10
Fewer discounts help US stores weather February snow
...chains like Buckle Inc (BKE.N) and Wet Seal (WTSLA.O), helping a sector that had been expected to lag. Gap Inc (GPS.N) also surprised as same-store sales rose 3 percent, compared with expectations for a 1.8 percent...
See complete article
3/7/10
Teen retailers shine in February
...and the Buckle Inc (BKE.N), meanwhile, each rose roughly 6 percent. BY THE NUMBERS Zumiez posted the highest gain in February with an 11.2 percent same-store sales rise -- well above the 1.2 percent gain expected...
See complete article
2/4/10
Buckle surprises with January sales drop, shares down
...weighed on Buckle Inc as the apparel retailer posted its first same-store sales drop in more than two years, sending its shares down as much as 10 percent.
See complete article
12/17/09
Teens on sale: US retailers' holiday challenge
...(JCG.N), Buckle (BKE.N) or Urban Outfitters' (URBN.O) Anthropologie -- none of which cater to teens -- whose unique merchandise has helped them stay above the pervading sales slump. Despite the deep discounts...
See complete article
11/5/09
October retail sales fall short for many
...percent. Buckle Inc's (BKE.N) October same-store sales rose 4.3 percent, missing expectations for an increase of 5.3 percent. American Eagle Outfitters surprised analysts with a 5 percent fall in October...
See complete article
10/8/09
Same-store sales show some growth
...retailer Buckle Inc saw sales rise, but not as much as expected. Value-oriented chains continued to reap benefits during the downturn, as Family Dollar Stores Inc and Costco Wholesale Corp showed on Wednesday 7...
See complete article
9/28/09
In Milan, nor rain, nor stilettos deter from great outdoors
...a belt buckle or part of a swimsuit's architecture -- fill out the concept.Leather bras are worn on the outside, while beige shorts and jacket soften the menacing quality of a leather corset.Freedom is just as...
See complete article
9/18/09
Gloomy US holiday shopping seen despite upturn
...need to buckle down." In addition to curtailing inventories, some retailers are planning more aggressive marketing campaigns to lure in shoppers. Store manager Chris Ohlinger, who runs a gift shop in Paradise...
See complete article

More results