Buckle Inc (NYSE:BKE)
$ 36.94 -0.23 (-0.62%) Market Cap: 1.88 Bil Enterprise Value: 1.91 Bil PE Ratio: 8.38 PB Ratio: 4.51 GF Score: 81/100

December 2022 Buckle Inc Corporate Sales Call Transcript

Jan 05, 2023 / NTS GMT
Release Date Price: $46.89 (-0.26%)
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 December 2022 sales press release. Our January 5, 2023 press release reported the comparable store sales for stores opened at least 1 full year for the 5-week period ended December 31, 2022, increased 7% in comparison to the prior year 5-week period ended January 1, 2022. Total net sales for the 5-week fiscal month increased 7.9% to $214.5 million compared to net sales of $198.7 million in the prior year 5-week fiscal month ended January 1, 2022.

On the men's side of the business, total sales for the 5-week fiscal period ended December 31, 2022, increased 12.5% in comparison to the prior year 5-week period ended January 1, 2022. The men's business represented approximately 60.5% of total sales for the month versus approximately 57.5% in the prior year fiscal December. For the fiscal month, overall price points on the men's side of the business were up approximately 7.5%. On the women's side of the business

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