Buckle Inc (NYSE:BKE)

$ 37.1134 -0.0566 (-0.15%) Market Cap: 1.88 Bil Enterprise Value: 1.91 Bil PE Ratio: 8.42 PB Ratio: 4.53 GF Score: 81/100

February 2023 Buckle Inc Corporate Sales Call Transcript

Mar 02, 2023 / NTS GMT

Release Date Price: $37.63 (-8.31%)

Transcript 8-K

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 February 2023 sales press release.

Our March 2, 2023, press release reported the comparable store sales for stores opened at least 1 full year for the 4-week period ended February 25, 2023, decreased 6.9% in comparison to the prior year 4-week period ended February 26, 2022. Total net sales for the 4-week fiscal month decreased 6.1% to $82.5 million compared to net sales of $87.9 million in the prior year 4-week fiscal month ended February 26, 2022.

On the men's side of the business, total sales for the 4-week fiscal period ended February 25, 2023, decreased 5% in comparison to the prior year 4-week period ended February 26, 2022. The men's business represented approximately 52% of total sales for the month versus approximately 51% in the prior year fiscal February. For the fiscal month, overall price points on the men's side of the business were up approximately 2.5%.

On the women's

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