Buckle Inc (NYSE:BKE)

$ 37.58 0.6 (1.62%) Market Cap: 1.91 Bil Enterprise Value: 1.93 Bil PE Ratio: 8.52 PB Ratio: 4.59 GF Score: 79/100

August 2022 Buckle Inc Corporate Sales Call Transcript

Sep 01, 2022 / NTS GMT

Release Date Price: $32.65 (+1.15%)

Transcript 10-Q

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 related to the company's August 2022 sales press release. Our September 1, 2022 press release reported a comparable store sales for stores open at least 1 full year for the 4-week period ended August 27, 2022, increased 4.6% in comparison to the prior year 4-week period ended August 28, 2021.

Total net sales for the 4-week fiscal month increased to 5.8% to $118 million compared to net sales of $111.6 million in the prior year 4-week fiscal month ended August 28, 2021. On the men's side of the business, total sales for the 4-week fiscal period ended August 27, 2022, increased 8% in comparison to the prior year 4-week period ended August 28, 2021. The men's business represented approximately 54.5% of total sales for the month versus approximately 53% in the prior year fiscal August.

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,

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