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

June 2023 Buckle Inc Corporate Sales Call Transcript

Jul 06, 2023 / NTS GMT
Release Date Price: $34.07 (-1.82%)
Adam J. Akerson
The Buckle, Inc. - VP of Finance, Controller & Assistant Treasurer

Hi. This is Adam Akerson with Buckle, and this is a recording of Buckle's commentary regarding the company's June 2023 sales press release. Our July 6, 2023 press release reported the comparable store sales for stores open at least 1 full year for the 5-week period ended July 1, 2023, decreased 2.4% in comparison to the prior year 5-week period ended July 2, 2022. Total net sales for the 5-week fiscal month decreased 1.8% to $108 million compared to net sales of $110 million in the prior year 5-week fiscal month ended July 2, 2022.

On the men's side of the business, total sales for the 5-week fiscal period ended July 1, 2023, increased 1% in comparison to the prior year 5-week period ended July 2, 2022. The men's business represented approximately 59% of total sales for the month versus approximately 57% in the prior year fiscal June. For the fiscal month, overall price points on the men's side of the business were up approximately 5%.

On the women's side of the business, total sales for the 5-week

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