Overview
Specialty retailer's fiscal Q4 net sales rose 5.3% yr/yr to $399.1 mln
Fiscal yr net sales grew 6.6% to $1.298 bln
Company operates 440 stores in 42 states, closed four stores in fiscal January
Outlook
Company did not provide specific guidance for future quarters or years
Result Drivers
COMPARABLE STORE SALES - Comparable store net sales for Q4 increased 3.9%, contributing to overall sales growth
STORE CLOSURES - Company closed four stores during fiscal January, maintaining 440 stores in 42 states
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Slight Beat* | $399.10 mln | $396.45 mln (2 Analysts) |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the apparel & accessories retailers peer group is "buy."
Wall Street's median 12-month price target for Buckle Inc is $55.00, about 9% above its February 4 closing price of $50.45
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago
Press Release: ID:nBw8wHgbba
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)