Core Insights - The company reported a 1.7% increase in comparable store sales for the 4-week period ended January 31, 2026, compared to the same period in the previous year [1] - Total net sales for the same period rose by 3.7% to $61.8 million, up from $59.5 million in the prior year [2] Men's Business Performance - Men's sales decreased by 2.5% for the 4-week fiscal period ended January 31, 2026, compared to the previous year [2] - Men's business accounted for approximately 44% of total sales, down from 46.5% in the same period last year [2] - Overall price points for men's products increased by about 4% during the fiscal month [2] Women's Business Performance - Women's sales increased by 6.5% for the 4-week fiscal period ended January 31, 2026, compared to the previous year [3] - Women's business represented approximately 58% of total sales, up from 53.5% in the same period last year [3] - Overall price points for women's products increased by about 6.5% during the fiscal month [3] Accessory Sales - Accessory sales for the combined men's and women's categories increased by approximately 1% compared to the prior year [4]

Core Insights - The Buckle, Inc. reported its net sales for January 2026, indicating a significant performance metric for the company [1] Financial Performance - The company's net sales for January 2026 showed a year-over-year increase, reflecting positive growth trends in the retail sector [1] - Specific figures regarding the total net sales amount and percentage increase compared to the previous year were highlighted, showcasing the company's financial health [1]

Summary of Buckle (NYSE:BKE) Update - February 04, 2026 Company Overview - Buckle operates 440 retail stores across 42 states, maintaining the same store count as of February 5, 2025 [4] Key Financial Metrics - Comparable store sales for the four-week period ending January 31, 2026, increased by 1.7% compared to the same period in the previous year [1] - Total net sales for the four-week fiscal month rose by 3.7% to $61.8 million, up from $59.5 million in the prior year [1] - Men's sales decreased by 2.5% for the same period [1] Sales Breakdown - Men's business accounted for approximately 44% of total sales, down from 46.5% in the prior year [2] - Women's business represented about 56% of total sales, up from 53.5% a year ago, with sales increasing by 6.5% [2] - Accessory sales increased by approximately 1%, while footwear sales decreased by about 7.5% [3] - Average accessory price points rose by 7.5%, and average footwear price points increased by approximately 10.5% [3] Transaction Metrics - Units per transaction (UPT) decreased by approximately 1.5% [3] - Average transaction value increased by about 4% compared to the prior year [3] Forward-Looking Statements - The company does not provide guidance on current sales or project results for the next quarter [4] - Future performance may differ materially from forward-looking statements due to various risks and uncertainties [4]

Core Insights - The Buckle, Inc. announced the retirement of Kari G. Smith and Michelle M. Hoffman, effective February 13, 2026, marking a significant leadership transition within the company [1][2][3] Leadership Changes - Kari G. Smith has been with Buckle since May 1978, progressing through various leadership roles, including Vice President of Sales in May 2001 and Executive Vice President of Stores in February 2014. She has served on the Board of Directors since February 2018 [2] - Michelle M. Hoffman joined Buckle in August 1979 and has also advanced through the ranks, becoming Vice President of Sales in March 2014 and Senior Vice President of Sales in February 2022 [3] Company Overview - Buckle is a specialty retailer focused on providing exceptional service and style through memorable shopping experiences, operating 441 retail stores across 42 states [4]

Core Viewpoint - The Buckle, Inc. reported its net sales for December 2025, indicating a significant performance in the retail sector [1] Group 1: Financial Performance - The Buckle, Inc. achieved net sales of $XXX million in December 2025, reflecting a Y% increase compared to the same month in the previous year [1] - The company's year-to-date net sales reached $XXX billion, showing a Z% growth compared to the previous year [1] Group 2: Market Context - The retail industry continues to experience fluctuations, with consumer spending patterns impacting sales figures across various sectors [1] - The Buckle's performance is indicative of broader trends within the retail market, highlighting the importance of adapting to changing consumer preferences [1]

Core Insights - The article does not provide specific investment recommendations or advice, emphasizing that past performance is not indicative of future results [2][3] Group 1 - The article expresses that the information presented is believed to be factual and up-to-date, but does not guarantee its accuracy [2][3] - It highlights that the views or opinions expressed may not reflect those of the platform as a whole, indicating a diversity of perspectives among analysts [3] - The article clarifies that the authors are not licensed securities dealers or investment advisers, which may affect the interpretation of the information provided [3]

Financial Performance - Net sales increased from $293.6 million in Q3 2024 to $320.8 million in Q3 2025, a 9.3% increase[54] - Comparable store net sales for Q3 2025 increased 8.3% compared to Q3 2024, driven by a 6.4% increase in transactions and a 4.2% increase in average unit retail[54] - Gross profit for Q3 2025 was $153.9 million, representing 48.0% of net sales, up from 47.7% in Q3 2024[59] - Year-to-date net sales rose from $838.5 million in the first three quarters of 2024 to $898.7 million in 2025, a 7.2% increase[55] - Online sales for Q3 2025 increased 13.6% to $53.0 million compared to $46.6 million in Q3 2024[54] - Year-to-date net income for fiscal 2025 was $128.9 million, compared to $118.3 million for fiscal 2024[64] Operational Efficiency - Income from operations for Q3 2025 was $60.9 million, or 19.0% of net sales, compared to $54.5 million, or 18.6% of net sales, in Q3 2024[63] - The company plans to open 2 new stores and complete 6 full store remodels during the remainder of fiscal 2025, with estimated capital expenditures of $50.0 to $55.0 million[68] Financial Position - The company had working capital of $294.7 million as of November 1, 2025, including $316.2 million in cash and cash equivalents[65] - The company has an unsecured line of credit of $25.0 million with Wells Fargo Bank, with no bank borrowings as of November 1, 2025[70] - As of November 1, 2025, the liability for unredeemed gift cards and certificates was $13.0 million, down from $17.0 million as of February 1, 2025[71] - The accrued liability for sales returns was $3.9 million as of November 1, 2025, compared to $2.6 million as of February 1, 2025[72] - The adjustment to inventory for markdowns and/or obsolescence was $10.0 million as of November 1, 2025, an increase from $9.2 million as of February 1, 2025[75] - Total contractual obligations amounted to $510.9 million as of November 1, 2025, with operating lease payments constituting $460.7 million[78] - The Company has an unsecured line of credit of $25.0 million, with $10.0 million available for letters of credit[78] Seasonal Impact - The holiday and back-to-school seasons accounted for approximately 35% of the Company's fiscal year net sales for fiscal years 2024, 2023, and 2022[79] Risk Factors - A one-quarter percent decline in the interest/dividend rate on cash and investments would decrease the Company's net income by approximately $0.5 million[81] - The Company does not anticipate that the tax reform provisions in the One Big Beautiful Bill Act will have a material impact on its consolidated financial statements[74] - The Company regularly evaluates its estimates related to inventory, investments, incentive bonuses, and income taxes, which could affect reported results[70]

Core Insights - The Buckle, Inc. reported a 2.5% increase in comparable store net sales for the 4-week period ended November 29, 2025, compared to the same period in the previous year [1] - Total net sales for the same 4-week fiscal month rose by 3.9% to $122.1 million from $117.5 million year-over-year [1] - Year-to-date comparable store net sales for the 43-week period ended November 29, 2025, increased by 5.9% compared to the prior year [2] - Total net sales for the 43-week fiscal period reached $1.021 billion, reflecting a 6.8% increase from $956.0 million in the previous year [2] Company Overview - Buckle is a specialty retailer known for high-quality, on-trend apparel, accessories, and footwear, with a strong focus on denim [3] - The company operates 444 retail stores across 42 states, having opened two new stores in Owensboro, Kentucky, and Sevierville, Tennessee during fiscal November [3] - As of December 4, 2024, Buckle operated 445 stores in 42 states [3]

Financial Performance - Net income for the third quarter of fiscal 2025 was $48.7 million, or $0.97 per share, compared to $44.2 million, or $0.89 per share for the same quarter last year, representing an increase of 10.1% in net income [3][6]. - Net sales for the 13-week fiscal quarter ended November 1, 2025, increased by 9.3% to $320.8 million from $293.6 million in the prior year [4]. - Comparable store net sales for the same quarter increased by 8.3% compared to the prior year [4]. - For the 39-week fiscal period ended November 1, 2025, net sales increased by 7.2% to $898.7 million from $838.5 million in the prior year [5]. - Comparable store net sales for the 39-week period increased by 6.3% compared to the previous year [5]. Online Sales - Online sales for the quarter rose by 13.6% to $53.0 million, up from $46.6 million in the previous year [4]. - Online sales for the 39-week period rose by 11.6% to $142.9 million, compared to $128.0 million in the prior year [5]. Assets and Cash Position - Total assets as of November 1, 2025, were $1,078.4 million, an increase from $976.3 million at the end of the previous fiscal year [13]. - Cash and cash equivalents increased to $316.2 million from $301.9 million in the previous year [13]. Store Operations - The company operated 444 retail stores in 42 states as of the end of the fiscal quarter, a decrease from 445 stores in the same period last year [9].

Financial Data and Key Metrics Changes - Net income for the third quarter was $48.7 million, or $0.96 per share, compared to $44.2 million, or $0.88 per share, for the same period last year, representing a year-over-year increase of 10.1% in net income [3] - Year-to-date net income was $128.9 million, or $2.55 per share, compared to $118.3 million, or $2.35 per share, for the prior year, reflecting a year-over-year increase of 8.5% [8] - Net sales for the third quarter increased by 9.3% to $320.8 million, compared to $293.6 million for the same period last year [3] Business Line Data and Key Metrics Changes - Women's merchandise sales increased by approximately 19%, representing about 51% of total sales, compared to 47% last year [11] - Men's merchandise sales were up about 1%, accounting for approximately 49% of total sales, down from 53% in the prior year [12] - Accessory sales increased approximately 7.5%, while footwear sales remained flat, accounting for about 10% and 4.5% of third quarter net sales, respectively [13] Market Data and Key Metrics Changes - Comparable store sales for the quarter increased by 8.3% compared to the same period last year [4] - Online sales increased by 13.6% to $53 million for the quarter [4] - Year-to-date net sales increased by 7.2% to $898.7 million, compared to $838.5 million for the prior year [4] Company Strategy and Development Direction - The company continues to focus on enhancing its women's business, particularly in the denim category, which has shown strong growth [11] - The company opened two new stores and completed six full store remodels during the quarter, with plans for additional remodeling projects [9] - The company aims to maintain a strong merchandise margin despite slight fluctuations due to tariffs and other costs [22] Management's Comments on Operating Environment and Future Outlook - Management noted that there has not been a significant change in consumer behavior, with a slight caution observed in units per sale [17] - The company remains optimistic about the women's denim business and believes the men's denim segment is solid as well [18] - Management expressed confidence in the sustainability of growth in the women's business, particularly in denim [17] Other Important Information - Gross margin for the quarter was 48%, a 30 basis point increase from the previous year [5] - Selling general administrative expenses for the quarter were 29% of net sales, slightly down from 29.1% in the prior year [5] - The company ended the quarter with inventory of $165.8 million, up 11% from the same time last year [8] Q&A Session Summary Question: What is the health of the U.S. consumer coming into the holiday season? - Management indicated that there has not been a significant change in consumer behavior, with excitement about products remaining strong, although there is slight caution in units per sale [17] Question: Can you elaborate on the denim business and its sustainability? - Management expressed optimism about the women's denim business and noted that the men's denim segment is also performing well, with private label brands showing good sell-throughs [18] Question: What were the factors behind the merchandise margin trend this quarter? - Management explained that merchandise margins were down 10 basis points due to a decrease in private label business and slight increases in costs related to tariffs [22][23]