Buckle Inc (NYSE:BKE)
$ 51.26 0.25 (0.49%) Market Cap: 2.60 Bil Enterprise Value: 2.60 Bil PE Ratio: 13.01 PB Ratio: 5.33 GF Score: 81/100

September 2022 Buckle Inc Corporate Sales Recorded Call Transcript

Oct 06, 2022 / NTS GMT
Release Date Price: $34.52 (-1.00%)
Adam J. Akerson
The Buckle, Inc. - VP of Finance, Controller & Assistant Treasurer

This is Adam Akerson with Buckle, and it is a recording of Buckle's commentary related to the company's September 2022, sales press release.

Our October 6, 2022, press release reported that comparable store sales, for stores open at least one full year, for the five-week period ended October 1, 2022, increased 2.7% in comparison to the prior year five-week period ended October 2, 2021. Total net sales for the five-week fiscal month increased 3.8% to $115.5 million compared to net sales of $111.2 million in the prior year five-week fiscal month ended October 2, 2021.

On the men's side of the business, total sales for the five-week fiscal period ended October 1, 2022, increased 5% in comparison to the prior year five-week period ended October 2, 2021. The men's business represented approximately 52.5% of total sales for the month versus approximately 51.5% in the prior year fiscal September. For the fiscal month, overall price points on the men's side of the business were up approximately 5%.

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