Buckle Inc. BKE reported a Q4FY23 gross sales decline of four.eight% year-over-year to $382.four million, lacking the analyst consensus estimate of $383.634 million.
Comparable retailer web gross sales decreased 9.6%. On-line gross sales decreased 12.four% to $65.5 million.
Gross revenue for the quarter fell 6.1% to $200 million with a gross margin of 52.four%.
Working bills for the quarter elevated zero.5% to $103.7 million.
Working earnings decreased 12.2% to $96.5 million with an working margin of 25.2%.
EPS of $1.59 beat the analyst consensus estimate of $1.44.
Buckle had $290.four million in money and equivalents as of February three, 2024.
value motion: BKE shares closed down 1.28% at $37.66 on Thursday.
Picture through Wikimedia Commons
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