Specialty Retailer Buckle Reports 11.1% Drop In Comparable Store Sales For September

Specialty retailer Buckle Inc BKE released its sales figures for September 2023, showing a decline in performance.

BKE’s comparable store net sales declined by 11.1% YoY for the five weeks ending September 30, 2023.

The company reported a 10.7% YoY decline in net sale for September, amounting to $103.1 million.

For the 35-week period ending September 30, 2023, comparable store net sales decreased by 6.8%; Net sales totaled $790.9 million, a decrease of 6.4% Y/Y.

Also Read: Buckle Q2: Earnings Beat, 3% Topline Decline, Comps Down & More

As of October 5, 2023, Buckle operates 441 retail stores across 42 states, headquartered in Kearney, Nebraska.

Price Action: BKE shares closed 1.12% lower at $32.78 on Wednesday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.