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Buckle (Buckle) Gross Profit

: $619 Mil (TTM As of Jan. 2024)
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Buckle's gross profit for the three months ended in Jan. 2024 was $200 Mil. Buckle's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $619 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Buckle's gross profit for the three months ended in Jan. 2024 was $200 Mil. Buckle's Revenue for the three months ended in Jan. 2024 was $382 Mil. Therefore, Buckle's Gross Margin % for the quarter that ended in Jan. 2024 was 52.35%.

Buckle had a gross margin of 52.35% for the quarter that ended in Jan. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Buckle was 50.44%. The lowest was 40.74%. And the median was 43.50%.


Buckle Gross Profit Historical Data

The historical data trend for Buckle's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Buckle Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 377.47 400.67 653.01 676.00 619.07

Buckle Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 213.07 133.26 138.41 147.22 200.18

Competitive Comparison

For the Apparel Retail subindustry, Buckle's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Buckle Gross Profit Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Buckle's Gross Profit distribution charts can be found below:

* The bar in red indicates where Buckle's Gross Profit falls into.



Buckle Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Buckle's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=1261.102 - 642.037
=619

Buckle's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=382.383 - 182.202
=200

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $619 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Buckle's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=200 / 382.383
=52.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Buckle  (NYSE:BKE) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Buckle had a gross margin of 52.35% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Buckle Gross Profit Related Terms

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Buckle (Buckle) Business Description

Traded in Other Exchanges
Address
2407 West 24th Street, Kearney, NE, USA, 68845-4915
Buckle Inc is a retailer of casual apparel, footwear, and accessories. The company retails medium to better-priced casual apparel, footwear, and accessories for fashion-conscious young men and women. It retails under the brand names 'Buckle' and 'The Buckle'. Buckle markets a wide selection of mostly brand-name casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear.
Executives
Kelli D Molczyk officer: SVP Women's Merchandising 2407 W 24TH STREET, KEARNEY NE 68845
Brett P Milkie officer: SVP Leasing
Dennis H Nelson director, officer: President & CEO
Thomas B Heacock director, officer: SVP Finance, Treasurer, & CFO 2407 W 24TH STREET, KEARNEY NE 68845
Bill L Fairfield director 111 SOUTH CALVERT STREET, SUITE 1900, BALTIMORE MD 21202
Michelle Hoffman officer: VP SALES 2407 W 24TH STREET, KEARNEY NE 68845
Kari G Smith officer: VP of Sales
Shruti S Joshi director 2407 W 24TH STREET, KEARNEY NE 68845
Diane L Applegate officer: VP SUPPLY CHAIN & MERCH OP 2407 W 24TH STREET, KEARNEY NE 68845
John P Peetz director 2407 W 24TH STREET, KEARNEY NE 68845
Robert M Carlberg officer: VP MEN'S MERCHANDISING 2407 W 24TH STREET, KEARNEY NE 68845
Karen B Rhoads director, officer: VP of Finance, Treasurer & CFO
James E Shada director, officer: Executive VP Sales
Bruce Hoberman director
Angie J Klein director 2407 W 24TH STREET, KEARNEY NE 68845

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