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KEARNEY, Neb. - The Buckle, Inc. (NYSE:BKE), a specialty retailer known for its curated selection of denim and apparel, reported a 7.2% increase in comparable store sales for the four-week period ending May 31, 2025, compared to the same period in the previous year. The company’s net sales for the month also rose by 7.8%, reaching $88.4 million. According to InvestingPro data, the company maintains impressive gross profit margins of 59% and currently trades at a P/E ratio of 10.6x, with analysis suggesting the stock is slightly undervalued.
For the year-to-date period of 17 weeks, which also ended on May 31, 2025, Buckle saw a 4.0% increase in comparable store sales over the same period last year. The net sales for this period grew by 4.7%, totaling $360.5 million. The company’s strong financial position is reflected in its healthy current ratio of 2.09, indicating solid liquidity. InvestingPro subscribers can access 10+ additional key insights about BKE’s financial health, which has earned a "GREAT" overall rating.
The Kearney, Nebraska-based retailer operates 438 stores across 42 states, reflecting a net decrease of one store since June 5, 2024. Despite the closure, the company’s sales performance indicates a positive trend in consumer spending at its locations.
The Buckle emphasizes its commitment to offering exceptional service and style, positioning itself as a destination for high-quality, on-trend apparel, accessories, and footwear. The company’s focus on delivering memorable shopping experiences is a hallmark of its brand identity.
Investors are advised that all forward-looking statements made by the company involve risks and uncertainties and may change due to factors beyond the company’s control. As such, future performance and financial results could differ materially from current projections.
This sales update is based on a press release statement from The Buckle, Inc. and does not include any promotional content or subjective assessment of the company’s market position or future prospects.
In other recent news, Buckle Inc. reported its first-quarter earnings for 2025, surpassing Wall Street expectations with an earnings per share (EPS) of $0.70, compared to the forecasted $0.66. The company achieved a 3.7% revenue growth year-over-year, reaching $272.1 million, with strong performance in the women’s business segment. Despite these positive financial results, UBS maintained a Neutral rating on Buckle shares, citing concerns over increased operating expenses and potential challenges from tariffs. UBS set a price target of $40, closely aligned with the current trading price, indicating limited potential for near-term price appreciation. Buckle also declared a quarterly dividend of $0.35 per share, to be distributed at the end of July 2025. This announcement underscores the company’s commitment to providing steady income streams for shareholders. Meanwhile, Buckle’s management remains focused on expanding its private label offerings and managing potential tariff impacts through strategic vendor relationships. These recent developments reflect Buckle’s ongoing efforts to maintain financial stability and growth amidst market challenges.
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