Shares of The Buckle, Inc. (NYSE:BKE) surged 5.31% in pre-market trading on Friday following the release of the company's impressive first-quarter financial results. The specialty retailer of casual apparel, footwear, and accessories demonstrated solid performance across key metrics, surpassing analyst expectations.
For the first quarter of fiscal 2025, Buckle reported net income of $35.2 million, or $0.70 per diluted share, up from $34.8 million, or $0.69 per diluted share, in the same period last year. The company's net sales for the 13-week fiscal quarter ended May 3, 2025, increased by 3.7% to $272.1 million, compared to $262.5 million in the prior year. Notably, comparable store net sales rose by 3.0%, while online sales grew by 4.5% to $46.4 million.
The Q1 results exceeded analyst expectations, with earnings per share of $0.70 beating the consensus estimate of $0.69 by 1.45%. Similarly, quarterly sales of $272.12 million surpassed the analyst forecast of $268.06 million by 1.51%. The company's strong performance was further underscored by its gross profit of $126.976 million and operating income of $43.546 million. With these results, Buckle has demonstrated its ability to navigate the challenging retail environment and deliver growth, likely contributing to the positive investor sentiment reflected in the pre-market stock surge.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。