Buckle Q2 net sales rise on comparable store growth - BKE News | RalliesBuckle Q2 net sales rise on comparable store growth
B
BKE• Result drivers
- Comparable store sales - Q2 sales growth was driven by a 2.1% increase in comparable store net sales.
- Online sales - Online sales rose 2.3% yr/yr to $44.6 mln in Q2.
Quarterly performance
- US apparel retailer's fiscal Q2 net sales rose 4.6% yr/yr to $319.8 mln
- Comparable store net sales for fiscal Q2 grew 2.1% yr/yr
- Fiscal Q2 net income slipped to $44.4 mln from $45.0 mln a year ago
Outlook and analyst coverage
- The company did not provide specific guidance or commentary on future outlook.
- The current average analyst rating on the shares is hold, with no strong buy or buy ratings, 2 hold ratings and no sell or strong sell ratings.
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