Buckle reports 11% increase in July comparable store sales

Published 07/08/2025, 12:02
Buckle reports 11% increase in July comparable store sales

KEARNEY, Neb. - The Buckle, Inc. (NYSE:BKE) reported a 11.0 percent increase in comparable store net sales for the 4-week period ended August 2, 2025, compared to the same period last year. Total net sales for July rose 12.3 percent to $110.8 million from $98.7 million in the prior year period. The retailer, with a market capitalization of $2.6 billion, maintains a strong financial position, earning a "GREAT" health score according to InvestingPro analysis.

The specialty retailer also disclosed its second quarter performance, with comparable store sales increasing 7.3 percent for the 13-week period ended August 2, 2025. Net sales for the quarter reached $305.7 million, an 8.3 percent increase from $282.4 million in the same quarter last year. The company maintains impressive gross profit margins of 59% and trades at a P/E ratio of 13.2, reflecting its operational efficiency.

For the year-to-date period spanning 26 weeks, Buckle’s comparable store net sales grew 5.2 percent, while total net sales increased 6.1 percent to $577.9 million compared to $544.9 million in the corresponding period of 2024.

The company, which operates 440 retail stores across 42 states, opened one new location in Branson, Missouri during July. Buckle will announce its complete second quarter financial results on Friday, August 22, 2025, and will hold a live audio webcast to discuss the results.

Known primarily as a denim destination, Buckle offers apparel, accessories, and footwear, including its exclusive BKE brand. The sales figures were reported in a company press release. The company demonstrates strong financial performance with a 45% return on equity, reflecting efficient use of shareholder capital.

In other recent news, The Buckle, Inc. reported a 3.8% increase in comparable store net sales for June, with total net sales rising 4.7% to $106.5 million compared to the previous year. This follows a 7.2% rise in comparable store sales in May, with net sales reaching $88.4 million. For the year-to-date period ending in May, the company experienced a 4.0% increase in comparable store sales, with net sales totaling $360.5 million. In addition to sales performance, Buckle declared a quarterly dividend of $0.35 per share, payable to shareholders on record by July 15, 2025. UBS has reiterated its Neutral rating on Buckle, maintaining a $40 price target, citing limited earnings growth potential despite solid fundamentals. The firm expressed concerns about increased operating expenses and potential tariff challenges impacting earnings per share. UBS predicts a 4% compound annual growth rate for Buckle’s EPS over the next four years. Despite these challenges, Buckle’s substantial dividend yield and market share opportunities in the U.S. Specialty Retail sector were noted by UBS.

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