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The Buckle Inc. (BKE)
:BKE
Earnings Data
Report Date
May 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.66Last Year’s EPS
0.69Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 14, 2025
|% Change Since: 11.10%
|Next Earnings Date:May 23, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong growth in e-commerce and women's merchandise sales, along with successful inventory management and private label penetration. However, these achievements were offset by a decrease in net income, declining men's merchandise sales, a drop in annual net sales, and increased SG&A expenses. The sentiment is balanced with significant positive and negative aspects.Company Guidance
During the fourth quarter earnings call for The Buckle, Inc., the company provided detailed insights into their financial performance for fiscal year 2024, while reiterating their policy of not providing future sales or earnings guidance. The call revealed that net income for the fourth quarter was $77.2 million, or $1.53 per share on a diluted basis, down from $79.6 million or $1.59 per share the previous year. Net sales for the thirteen-week quarter decreased by 0.8% to $379.2 million, while comparable store sales increased by 3.9%. E-commerce sales saw a notable growth of 12% year-over-year. The gross margin for the quarter improved to 52.6%, driven by a 40 basis point increase in merchandise margins, although partially offset by a 30 basis point rise in occupancy costs. For the full year, net income was $195.5 million, or $3.89 per share, compared to $219.9 million in the previous year. The company ended the fiscal year with 441 retail stores and a significant focus on enhancing their digital experience and relocating stores to higher traffic outdoor centers. They also emphasized their strategic investments in private label products, which accounted for 51% of sales in the fourth quarter, up from 50% in the prior year.E-commerce Sales Growth
Total e-commerce sales grew 12% in the fourth quarter compared to the same period a year ago, indicating a successful digital strategy and strong online performance.
Women's Merchandise Sales Increase
Women's merchandise sales for the quarter increased approximately 11% on a comparable basis, driven by strong performance in the denim category with private label jeans growing over 20%.
Improvement in Gross Margin
Gross margin for the quarter was 52.6%, up 30 basis points from the fourth quarter of 2023, due to increased merchandise margins and reduced distribution and buying costs.
Inventory Management Success
The company ended the year with inventory down over 4%, showing effective inventory management and balance across categories.
Private Label Growth
Private label represented 51% of sales for the quarter, up from 50% in the fourth quarter of 2023, indicating successful growth in private label penetration.
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BKE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BKE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 14, 2025 | $35.15 | $36.13 | +2.79% |
| Nov 22, 2024 | $45.02 | $46.16 | +2.53% |
| Aug 23, 2024 | $39.04 | $40.94 | +4.87% |
| May 24, 2024 | $33.86 | $34.10 | +0.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does The Buckle Inc. (BKE) report earnings?
The Buckle Inc. (BKE) is schdueled to report earning on May 23, 2025, TBA Not Confirmed.
What is The Buckle Inc. (BKE) earnings time?
The Buckle Inc. (BKE) earnings time is at May 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BKE EPS forecast?
BKE EPS forecast for the fiscal quarter 2025 (Q1) is 0.66.
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