UPDATE: Buckle Reports 14% Surge In Q2 Earnings

Buckle Inc BKE reported a 14% rise in its fiscal second-quarter earnings. Buckle's quarterly profit climbed to $23.6 million, or $0.50 per share, from $20.7 million, or $0.44 per share, in the year-ago period. However, analysts were expecting earnings of $0.51 per share. Earlier this month, Buckle reported that its sales climbed 13% to $212.4 million and same-store sales surged 8.9%. Buckle shares dropped 2.15% to close at $37.40 yesterday.