Buckle Inc (NYSE:BKE)
$ 36.98 -0.19 (-0.51%) Market Cap: 1.88 Bil Enterprise Value: 1.91 Bil PE Ratio: 8.39 PB Ratio: 4.52 GF Score: 81/100

March 2023 Buckle Inc Corporate Sales Recorded Call Transcript

Apr 06, 2023 / NTS GMT
Release Date Price: $34.04 (-2.38%)
Adam J. Akerson
The Buckle, Inc. - VP of Finance, Controller & Assistant Treasurer

This is Adam Akerson with Buckle, and this is a recording of Buckle's commentary regarding the company's March 2023 sales press release. Our April 6, 2023 press release reported the comparable store sales for stores open at least 1 full year for the 5-week period ended April 1, 2023, decreased 10.1% in comparison to the prior year 5-week period ended April 2, 2022.

Total net sales for the 5-week fiscal month decreased 9.2% to $113.4 million compared to net sales of $124.9 million in the prior year 5-week fiscal month ended April 2, 2022. On the men's side of the business, total sales for the 5-week fiscal period ended April 1, 2023, decreased 8.5% in comparison to the prior year 5-week period ended April 2, 2022. The men's business represented approximately 52% of total sales for the month versus approximately 51% in the prior year fiscal March.

For the fiscal month, overall price points on the men's side of the business were up approximately 5.5%. On the women's side of the business, total sales for the

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