0837 ET - Buckle reports a 3.7% rise in 1Q sales to $272.1 million, with a 3% gain on a comparable basis. That's a better growth rate than it logged in the prior quarter, but the market had largely been expecting that kind of acceleration quarter to quarter, UBS analysts said in a research note earlier this month. The market was also anticipating some improvements in earnings trends, though Buckle says 1Q earnings were flat year over year at 70 cents a share. As the analysts had predicted, the fashion retailer declined to provide any quarter-to-date commentary or guidance on the full fiscal year, which the analysts said would put a cap on any upside to the stock even with good 1Q results. Shares slide 1% to $40.99 premarket. (dean.seal@wsj.com)
(END) Dow Jones Newswires
May 23, 2025 08:37 ET (12:37 GMT)
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