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Buckle(BKE) - 2023 Q1 - Quarterly Report
2022-06-08 16:00
Part I. [Financial Information (Unaudited)](index=2&type=section&id=Part%20I.%20Financial%20Information%20(unaudited)) Presents the unaudited financial statements and management's analysis for the reported interim period [Item 1. Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) Presents the company's financial position, performance, and cash flows for the reported interim periods [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Details the company's financial position, including assets, liabilities, and equity, at specific reporting dates | ASSETS / LIABILITIES & EQUITY | April 30, 2022 (Thousands) | January 29, 2022 (Thousands) | | :---------------------------- | :------------------------- | :--------------------------- | | **ASSETS** | | | | Cash and cash equivalents | $250,073 | $253,970 | | Short-term investments | $12,895 | $12,926 | | Receivables | $4,414 | $12,087 | | Inventory | $121,166 | $102,095 | | Total current assets | $408,211 | $391,206 | | Property and equipment, net | $103,288 | $100,504 | | Operating lease ROU assets | $245,784 | $258,914 | | Total assets | $789,034 | $780,884 | | **LIABILITIES** | | | | Accounts payable | $61,246 | $59,950 | | Accrued employee compensation | $23,095 | $62,055 | | Income taxes payable | $13,647 | $1,529 | | Total current liabilities | $223,713 | $248,541 | | Non-current operating lease liabilities | $191,592 | $200,067 | | Total liabilities | $435,441 | $467,960 | | **STOCKHOLDERS' EQUITY** | | | | Total stockholders' equity | $353,593 | $312,924 | | Total liabilities and stockholders' equity | $789,034 | $780,884 | [Condensed Consolidated Statements of Income](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Income) Summarizes the company's revenues, expenses, and profitability over the reported interim periods | Metric (Thousands, except per share) | Thirteen Weeks Ended April 30, 2022 | Thirteen Weeks Ended May 1, 2021 | YoY Change (%) | | :----------------------------------- | :---------------------------------- | :------------------------------- | :------------- | | Net Sales | $309,064 | $299,125 | 3.3% | | Cost of Sales | $156,904 | $151,572 | 3.5% | | Gross Profit | $152,160 | $147,553 | 3.1% | | Operating Expenses | $79,101 | $71,751 | 10.2% | | Income From Operations | $73,059 | $75,802 | (3.6)% | | Net Income | $55,254 | $57,269 | (3.5)% | | Basic EPS | $1.12 | $1.17 | (4.3)% | | Diluted EPS | $1.12 | $1.16 | (3.4)% | [Condensed Consolidated Statements of Stockholders' Equity](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Stockholders'%20Equity) Outlines changes in equity, including net income, dividends, and stock-based compensation, for the reported periods | Stockholders' Equity Item (Thousands) | Fiscal 2022 (April 30, 2022) | Fiscal 2021 (May 1, 2021) | | :------------------------------------ | :--------------------------- | :------------------------ | | Balance, beginning of period | $312,924 | $396,629 | | Net income | $55,254 | $57,269 | | Dividends paid on common stock | $(17,533) | $(16,430) | | Issuance of non-vested stock, net | — | — | | Amortization of non-vested stock grants | $2,948 | $2,630 | | Balance, end of period | $353,593 | $440,098 | - The number of common shares issued and outstanding increased from **49,728,651** at January 29, 2022, to **50,094,851** at April 30, 2022, primarily due to the issuance of **366,200** non-vested shares[15](index=15&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Reports the company's cash inflows and outflows from operating, investing, and financing activities | Cash Flow Activity (Thousands) | Thirteen Weeks Ended April 30, 2022 | Thirteen Weeks Ended May 1, 2021 | | :----------------------------- | :---------------------------------- | :------------------------------- | | Net cash flows from operating activities | $21,503 | $93,535 | | Net cash flows from investing activities | $(7,867) | $(2,741) | | Net cash flows from financing activities | $(17,533) | $(16,430) | | Net increase (decrease) in cash and cash equivalents | $(3,897) | $74,364 | | Cash and cash equivalents, end of period | $250,073 | $393,153 | - Operating cash flow significantly decreased from **$93.5 million** in Q1 Fiscal 2021 to **$21.5 million** in Q1 Fiscal 2022, primarily due to inventory build-up and the first-quarter payment of incentive bonuses[17](index=17&type=chunk)[70](index=70&type=chunk) [Notes to Condensed Consolidated Financial Statements](index=7&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Provides detailed accounting policies and breakdowns supporting the condensed consolidated financial statements [1. Basis of Presentation](index=7&type=section&id=1.%20Basis%20of%20Presentation) Explains the accounting principles and basis used for preparing the interim financial statements - The unaudited condensed consolidated financial statements are prepared in accordance with GAAP for interim financial information and do not include all footnotes required for complete financial statements[19](index=19&type=chunk) - Results for interim periods are not necessarily indicative of a full year's operations due to the seasonal nature of the business[19](index=19&type=chunk) [2. Revenues](index=7&type=section&id=2.%20Revenues) Details the company's revenue streams, including sales channels and merchandise group contributions - The Company operates as a single reportable segment, retailing casual apparel, footwear, and accessories through **439 stores** in **42 states** and an e-Commerce platform as of April 30, 2022[21](index=21&type=chunk) | Metric | Thirteen Weeks Ended April 30, 2022 | Thirteen Weeks Ended May 1, 2021 | | :-------------- | :---------------------------------- | :------------------------------- | | Online Revenues (% of Net Sales) | 17.6% | 18.0% | | Store Count | 439 | 442 | | Merchandise Group | % of Net Sales (April 30, 2022) | % of Net Sales (May 1, 2021) | | :---------------- | :------------------------------ | :--------------------------- | | Denims | 40.0% | 42.2% | | Tops | 27.8% | 26.1% | | Footwear | 11.9% | 11.0% | | Accessories | 8.9% | 8.5% | | Sportswear/Fashions | 7.3% | 8.9% | | Outerwear | 0.8% | 0.8% | | Casual bottoms | 1.0% | 0.7% | | Youth | 2.3% | 1.8% | | Total | 100.0% | 100.0% | [3. Earnings Per Share](index=8&type=section&id=3.%20Earnings%20Per%20Share) Calculates basic and diluted earnings per share based on net income and weighted average shares outstanding | EPS Type (Thousands, except per share) | Net Income | Weighted Average Shares | Per Share Amount | | :------------------------------------- | :--------- | :---------------------- | :--------------- | | **Thirteen Weeks Ended April 30, 2022** | | | | | Basic EPS | $55,254 | 49,214 | $1.12 | | Diluted EPS | $55,254 | 49,528 | $1.12 | | **Thirteen Weeks Ended May 1, 2021** | | | | | Basic EPS | $57,269 | 48,946 | $1.17 | | Diluted EPS | $57,269 | 49,309 | $1.16 | [4. Investments](index=9&type=section&id=4.%20Investments) Describes the company's investment portfolio, including held-to-maturity and trading securities | Investment Type (Thousands) | Amortized Cost or Value (April 30, 2022) | Estimated Fair Value (April 30, 2022) | | :-------------------------- | :--------------------------------------- | :------------------------------------ | | Held-to-Maturity Securities (State and municipal bonds) | $12,895 | $12,868 | | Trading Securities (Mutual funds) | $19,585 | $20,136 | - Held-to-maturity securities are classified as short-term investments, while trading securities, held in a Rabbi Trust for deferred compensation, are classified as long-term investments[29](index=29&type=chunk) [5. Fair Value Measurements](index=9&type=section&id=5.%20Fair%20Value%20Measurements) Explains the methodology for valuing financial assets and liabilities at fair value using a three-level hierarchy - The Company classifies financial assets and liabilities measured at fair value into **Level 1** (quoted market prices in active markets), **Level 2** (observable market-based inputs), or **Level 3** (unobservable inputs)[30](index=30&type=chunk) | Asset Type (Thousands) | Fair Value (April 30, 2022) | Fair Value (January 29, 2022) | | :--------------------- | :-------------------------- | :---------------------------- | | Trading securities (mutual funds) | $20,136 | $19,352 | - Trading securities are measured at fair value on a recurring basis using **Level 1 inputs** (publicly traded quoted prices)[33](index=33&type=chunk) - Held-to-maturity securities' fair values are based on **Level 2 inputs**[34](index=34&type=chunk) [6. Leases](index=11&type=section&id=6.%20Leases) Outlines the company's lease arrangements, including lease costs, terms, and liabilities - The Company's lease portfolio primarily consists of retail store locations, with typical initial terms of **10 years** and renewal options[37](index=37&type=chunk) - Lease liabilities are recorded at the present value of payments, discounted using the incremental borrowing rate[38](index=38&type=chunk) | Lease Cost (Thousands) | Thirteen Weeks Ended April 30, 2022 | Thirteen Weeks Ended May 1, 2021 | | :--------------------- | :---------------------------------- | :------------------------------- | | Operating lease cost | $23,275 | $23,697 | | Variable lease cost | $6,274 | $4,464 | | Total lease cost | $29,549 | $28,161 | - As of April 30, 2022, the weighted-average remaining lease term was **4.5 years**, and the weighted-average discount rate was **3.8%**[40](index=40&type=chunk) - Total operating lease liability was **$276,157 thousand**[42](index=42&type=chunk) [7. Supplemental Cash Flow Information](index=12&type=section&id=7.%20Supplemental%20Cash%20Flow%20Information) Provides additional details on non-cash investing activities and cash paid for income taxes - Non-cash investing activities for the thirteen weeks ended April 30, 2022, amounted to **($187) thousand**, related to changes in unpaid purchases of property, plant, and equipment[43](index=43&type=chunk) | Cash Paid for Income Taxes (Thousands) | Thirteen Weeks Ended April 30, 2022 | Thirteen Weeks Ended May 1, 2021 | | :------------------------------------- | :---------------------------------- | :------------------------------- | | Income Taxes Paid | $536 | $230 | [8. Stock-Based Compensation](index=12&type=section&id=8.%20Stock-Based%20Compensation) Details the company's restricted stock plans, compensation expense, and unrecognized compensation - The Company has restricted stock plans for employees, executives, and non-employee directors[45](index=45&type=chunk) - As of April 30, 2022, **644,683 shares** were available for grant[45](index=45&type=chunk) | Stock-Based Compensation (Thousands) | Thirteen Weeks Ended April 30, 2022 | Thirteen Weeks Ended May 1, 2021 | | :----------------------------------- | :---------------------------------- | :------------------------------- | | Before tax | $2,948 | $2,630 | | After tax | $2,226 | $1,986 | - As of April 30, 2022, there was **$18,477 thousand** of unrecognized compensation expense related to non-vested shares, expected to be recognized over a weighted average period of approximately **2.2 years**[50](index=50&type=chunk) [9. Recently Issued Accounting Pronouncements](index=13&type=section&id=9.%20Recently%20Issued%20Accounting%20Pronouncements) Assesses the impact of new accounting standards on the company's financial statements - The Company has concluded that no recent accounting pronouncements will have a material impact on its consolidated financial statements[51](index=51&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=14&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) This section provides management's perspective on the Company's financial performance, condition, and operational results for the period [Executive Overview](index=14&type=section&id=EXECUTIVE%20OVERVIEW) Identifies key performance indicators and their impact on the company's financial results - Management identifies **Comparable Store Sales**, **Net Merchandise Margins**, **Operating Margin**, and **Cash Flow and Liquidity** (working capital) as key performance indicators[55](index=55&type=chunk)[56](index=56&type=chunk)[57](index=57&type=chunk)[58](index=58&type=chunk)[59](index=59&type=chunk) - Positive comparable store sales help leverage fixed costs, while negative results can reduce net sales and operating leverage, impacting net earnings[56](index=56&type=chunk) [Results of Operations](index=15&type=section&id=RESULTS%20OF%20OPERATIONS) Analyzes the company's financial performance, including revenue, gross profit, and operating expenses | Metric (% of Net Sales) | April 30, 2022 | May 1, 2021 | Percentage Increase/(Decrease) | | :---------------------- | :------------- | :---------- | :----------------------------- | | Net sales | 100.0% | 100.0% | 3.3% | | Cost of sales | 50.8% | 50.7% | 3.5% | | Gross profit | 49.2% | 49.3% | 3.1% | | Selling expenses | 21.8% | 20.1% | 12.1% | | G&A expenses | 3.8% | 3.9% | 0.9% | | Income from operations | 23.6% | 25.3% | (3.6)% | | Net income | 17.9% | 19.1% | (3.5)% | - Net sales increased by **3.3%** to **$309.1 million**, driven by a **3.7%** increase in comparable store net sales[61](index=61&type=chunk) - This was due to a **3.6%** increase in transactions and a **1.5%** increase in average unit retail, partially offset by a **1.8%** decrease in units sold per transaction[61](index=61&type=chunk) - Gross margin decreased slightly from **49.3%** to **49.2%** of net sales, primarily due to a reduction in merchandise margins (**0.20%**) and increased store distribution freight costs (**0.20%**), partially offset by leveraged occupancy expenses (**0.30%**)[63](index=63&type=chunk) - Selling, general, and administrative expenses increased to **25.6%** of net sales (from **24.0%**), mainly due to higher store labor-related expenses (**1.40%**), e-commerce freight costs (**0.30%**), and marketing, partially offset by decreased incentive compensation accruals (**0.35%**)[66](index=66&type=chunk) [Liquidity and Capital Resources](index=16&type=section&id=LIQUIDITY%20AND%20CAPITAL%20RESOURCES) Discusses the company's ability to meet its short-term and long-term financial obligations and fund operations - As of April 30, 2022, the Company had working capital of **$184.5 million**, including **$250.1 million** in cash and cash equivalents and **$12.9 million** in short-term investments[70](index=70&type=chunk) - Cash flow from operations decreased significantly from **$93.5 million** in Q1 Fiscal 2021 to **$21.5 million** in Q1 Fiscal 2022, primarily due to inventory build-up and the payment of incentive bonuses[70](index=70&type=chunk) - Total capital expenditures for fiscal 2022 are estimated to be **$22.0 to $27.0 million**, including plans for **5 new stores** and **10-15 full remodels**[73](index=73&type=chunk) - The Company has an unsecured **$25.0 million** line of credit with Wells Fargo Bank, N.A., expiring July 31, 2023, with no bank borrowings during Q1 Fiscal 2022 or 2021[75](index=75&type=chunk) [Critical Accounting Policies and Estimates](index=17&type=section&id=CRITICAL%20ACCOUNTING%20POLICIES%20AND%20ESTIMATES) Outlines the key accounting policies and estimates that require significant management judgment - Management's critical accounting policies and estimates, which require subjective judgments, include **Revenue Recognition**, **Inventory valuation**, **Income Taxes**, **Leases**, and **Investments**[77](index=77&type=chunk) - Revenue recognition involves estimates for merchandise returns, gift card breakage, and future rewards from the Buckle Rewards program[78](index=78&type=chunk)[79](index=79&type=chunk)[80](index=80&type=chunk) - Inventory is valued at the lower of cost or net realizable value, with adjustments for obsolescence and markdowns based on management estimates that could vary significantly from actual results[82](index=82&type=chunk) [Off-Balance Sheet Arrangements, Contractual Obligations, and Commercial Commitments](index=19&type=section&id=OFF-BALANCE%20SHEET%20ARRANGEMENTS,%20CONTRACTUAL%20OBLIGATIONS,%20AND%20COMMERCIAL%20COMMITMENTS) Details the company's off-balance sheet arrangements and future contractual payment obligations | Contractual Obligations (Thousands) | Total | Payments 2022 (remaining) | Due by Fiscal 2023-2024 | Year 2025-2026 | Thereafter | | :---------------------------------- | :-------- | :------------------------ | :---------------------- | :------------- | :--------- | | Purchase obligations | $15,559 | $11,035 | $3,968 | $556 | — | | Deferred compensation | $20,136 | — | — | — | $20,136 | | Operating lease payments | $302,040 | $73,457 | $135,129 | $58,481 | $34,973 | | Total contractual obligations | $337,735 | $84,492 | $139,097 | $59,037 | $55,109 | - The Company had outstanding letters of credit totaling **$4.0 million** as of April 30, 2022, and has no other off-balance sheet arrangements[92](index=92&type=chunk) [Seasonality](index=19&type=section&id=SEASONALITY) Explains the impact of seasonal sales patterns on the company's financial results - The Company's business is seasonal, with the holiday season (November 15 - December 30) and back-to-school season (July 15 - September 1) historically contributing the greatest volume of net sales, accounting for approximately **35%** of fiscal year net sales in recent years[93](index=93&type=chunk) [Forward Looking Statements](index=19&type=section&id=FORWARD%20LOOKING%20STATEMENTS) Provides a cautionary statement regarding forward-looking information and associated risks - This report contains forward-looking statements subject to risks and uncertainties, including changes in product mix, fashion trends, competitive factors, and general economic conditions, which could cause future results to differ materially[94](index=94&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=20&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The Company is exposed to market risk primarily related to interest rate fluctuations on its cash and interest-bearing investments - The Company is exposed to interest rate risk on its cash and interest-bearing investments[96](index=96&type=chunk) - A **one-quarter percent decline** in the interest/dividend rate earned on cash and investments would decrease net income by approximately **$0.5 million**, or less than **$0.01 per share**[96](index=96&type=chunk) [Item 4. Controls and Procedures](index=20&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that the Company's disclosure controls and procedures were effective as of April 30, 2022, ensuring timely and accurate reporting - The CEO and CFO concluded that the Company's disclosure controls and procedures were **effective** as of April 30, 2022, providing reasonable assurance that material information is accumulated and communicated for timely disclosure[97](index=97&type=chunk)[98](index=98&type=chunk) - There were no changes in the Company's internal control over financial reporting during the last fiscal quarter that materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting[99](index=99&type=chunk) Part II. [Other Information](index=21&type=section&id=Part%20II.%20Other%20Information) Contains additional disclosures not included in the financial statements, such as legal proceedings and risk factors [Item 1. Legal Proceedings](index=21&type=section&id=Item%201.%20Legal%20Proceedings) The Company reported no legal proceedings for the period - There are no legal proceedings to report[102](index=102&type=chunk) [Item 1A. Risk Factors](index=21&type=section&id=Item%201A.%20Risk%20Factors) There have been no material changes to the risk factors previously disclosed in the Company's Annual Report on Form 10-K - There have been no material changes from the risk factors disclosed in the Company's Annual Report on Form 10-K for the fiscal year ended January 29, 2022[102](index=102&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=21&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The Company did not purchase any shares of its common stock during the quarter ended April 30, 2022, under its publicly announced share repurchase plan | Period | Total Number of Shares Purchased | Average Price Paid Per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans | Maximum Number of Shares that May Yet Be Purchased Under Publicly Announced Plans | | :-------------------------- | :------------------------------- | :--------------------------- | :------------------------------------------------------------------- | :---------------------------------------------------------------------------------- | | Jan. 30, 2022 to Feb. 26, 2022 | - | - | - | 410,655 | | Feb. 27, 2022 to Apr. 2, 2022 | - | - | - | 410,655 | | Apr. 3, 2022 to Apr. 30, 2022 | - | - | - | 410,655 | - The Board of Directors authorized a **1,000,000 share repurchase plan** on November 20, 2008, with **410,655 shares** remaining to complete this authorization[103](index=103&type=chunk) [Item 3. Defaults Upon Senior Securities](index=21&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The Company reported no defaults upon senior securities - There are no defaults upon senior securities to report[104](index=104&type=chunk) [Item 4. Mine Safety Disclosures](index=21&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) The Company reported no mine safety disclosures - There are no mine safety disclosures to report[104](index=104&type=chunk) [Item 5. Other Information](index=21&type=section&id=Item%205.%20Other%20Information) The Company reported no other information - There is no other information to report[104](index=104&type=chunk) [Item 6. Exhibits](index=22&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed with the Form 10-Q, including certifications from the CEO and CFO under the Sarbanes-Oxley Act, and XBRL formatted financial statements - Exhibits include certifications from the Chief Executive Officer and Chief Financial Officer (Exhibits **31.1**, **31.2**, **32.1**, **32.2**) and XBRL formatted financial statements (Exhibit **101**, **104**)[105](index=105&type=chunk)[111](index=111&type=chunk)
Buckle(BKE) - 2022 Q1 - Earnings Call Transcript
2022-05-26 16:18
The Buckle, Inc. (NYSE:BKE) Q1 2022 Earnings Conference Call May 26, 2022 10:00 AM ET Company Participants Tom Heacock - SVP of Finance Treasurer, and CFO Adam Akerson - VP, Finance and Corporate Controller Dennis Nelson - President and CEO Conference Call Participants Peter Brotchie - Brotchie Capital Management Jon Braatz - Kansas City Capital Operator Ladies and gentlemen, thank you for standing by. Members of Buckle's Management on the call today are Dennis Nelson, President and CEO; Tom Heacock, Senior ...
Buckle(BKE) - 2022 Q4 - Annual Report
2022-03-29 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended January 29, 2022 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ____________ to ____________ Commission File Number: 001-12951 THE BUCKLE, INC. (Exact name of Registrant as specified in its charter) Nebraska 47-0366193 (State or other jurisdi ...
Buckle(BKE) - 2021 Q4 - Earnings Call Transcript
2022-03-11 16:48
The Buckle, Inc. (NYSE:BKE) Q4 2021 Earnings Conference Call March 11, 2022 10:00 AM ET Company Participants Dennis Nelson - President and Chief Executive Officer Tom Heacock - Senior Vice President of Finance Treasurer, and Chief Financial Officer Adam Akerson - Vice President Finance and Corporate Controller Conference Call Participants Peter Brotchie - Brotchie Capital Management Jon Braatz - Kansas City Capital John Deysher - Pinnacle Value Fund Jenifer Taylor - MAC Funds Operator Ladies and gentlemen, ...
Buckle(BKE) - 2022 Q3 - Quarterly Report
2021-12-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended October 30, 2021 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ____________ to ____________ Commission File Number: 001-12951 THE BUCKLE, INC. (Exact name of Registrant as specified in its charter) Nebraska 47-0366193 (State or other ...
Buckle(BKE) - 2021 Q3 - Earnings Call Transcript
2021-11-19 17:39
The Buckle, Inc. (NYSE:BKE) Q3 2021 Earnings Conference Call November 19, 2021 10:00 AM ET Company Participants Dennis Nelson – President and CEO Tom Heacock – Senior Vice President of Finance Treasurer, and CFO Kelli Molczyk – Vice President of Women's Merchandising Bob Carlberg – Senior Vice President of Men's Merchandising Brady Fritz – Vice President General Counsel and Corporate Secretary Conference Call Participants Jon Braatz – Kansas City Capital Peter Brotchie – Brotchie Capital Management Steve Ma ...
Buckle(BKE) - 2022 Q2 - Quarterly Report
2021-09-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended July 31, 2021 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ____________ to ____________ Commission File Number: 001-12951 THE BUCKLE, INC. (Exact name of Registrant as specified in its charter) Nebraska 47-0366193 (State or other ju ...
Buckle(BKE) - 2021 Q2 - Earnings Call Transcript
2021-08-20 18:52
The Buckle, Inc. (NYSE:BKE) Q2 2021 Earnings Conference Call August 20, 2021 10:00 AM ET Company Participants Dennis Nelson - President and Chief Executive Officer Tom Heacock - Senior Vice President, Finance, Treasurer and Chief Financial Officer Kelli Molczyk - Vice President, Women’s Merchandising Bob Carlberg - Senior Vice President, Men’s Merchandising Brady Fritz - Vice President, General Counsel and Corporate Secretary Conference Call Participants Peter Brotchie - Brotchie Capital Management Steve Ma ...
Buckle(BKE) - 2022 Q1 - Quarterly Report
2021-06-09 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended May 1, 2021 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ____________ to ____________ Commission File Number: 001-12951 THE BUCKLE, INC. (Exact name of Registrant as specified in its charter) Nebraska 47-0366193 (State or other juri ...
Buckle(BKE) - 2021 Q1 - Earnings Call Transcript
2021-05-21 18:09
The Buckle, Inc. (NYSE:BKE) Q1 2021 Earnings Conference Call May 21, 2021 10:00 AM ET Company Participants Dennis Nelson - President and CEO Tom Heacock - SVP, Finance, Treasurer and CFO Kelli Molczyk - VP, Women’s Merchandising Bob Carlberg - SVP, Men’s Merchandising Conference Call Participants Steve Marotta - C.L. King & Associates Kyle Kavanaugh - Palisade Capital Operator Ladies and gentlemen, good morning. Thank you for standing by and welcome to the Buckle’s 2021 First Quarter Earnings Release. Membe ...