Buckle Inc (NYSE:BKE)
$ 36.929 -0.241 (-0.65%) Market Cap: 1.88 Bil Enterprise Value: 1.91 Bil PE Ratio: 8.37 PB Ratio: 4.51 GF Score: 81/100
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March 2021 Buckle Inc Corporate Sales Recorded Call Transcript

Apr 08, 2021 / 10:50AM GMT
Release Date Price: $41.17 (+1.65%)
Adam Akerson
The Buckle, Inc. - Controller & Assistant Treasurer

This is Adam Akerson of Buckle, and this is a recording of Buckle's commentary related to the company's March 2021 sales press release. Please note that due to the significant impact of the company's closures, all brick-and-mortar stores as a result of the COVID-19 pandemic beginning March 18, 2020, all comparisons in this commentary will be against the same 5-week period in fiscal 2019.

Our April 8, 2021 press release reported that net sales for the 5-week period ended April 3, 2021, increased 69.5% to $139.4 million, compared to net sales of $82.3 million in the 5-week fiscal month ended April 6, 2019.

On the men's side of the business, total sales for the 5-week fiscal period ended April 3, 2021, were up 72% in comparison to the 5-week period ended April 6, 2019. The men's business represented approximately 51% of total sales for the month versus approximately 50.5% in March of fiscal 2019. Compared to fiscal 2019, overall price points on the men's side of the business were down approximately 0.5%.

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