Buckle July Comparable Store Net Sales Down 5.7% - Quick Facts

RTTNews | 182 days ago
Buckle July Comparable Store Net Sales Down 5.7% - Quick Facts

(RTTNews) - Denim retailer Buckle, Inc. (BKE) reported Thursday that comparable store net sales, for stores open at least one year, for the 5-week period ended July 6, 2024 decreased 5.7 percent.

Net sales for the period declined 5.8 percent to $101.7 million from net sales of $108.0 million for the prior-year 5-week period.

For the year-to-date for the 22-week period ended July 6, 2024, comparable store net sales decreased 8.0 percent. Net sales for the period declined 7.1 percent to $446.2 million from $480.2 million in the prior-year period.

read more
Buckle Q4 Profit, Net Sales Decline

Buckle Q4 Profit, Net Sales Decline

Denim retailer Buckle, Inc. (BKE) reported Friday fourth-quarter net income of $79.58 million or $1.59 per share, down from $87.84 million or $1.76 per share in the prior-year quarter.
RTTNews | 300 days ago
Foot Locker, Buckle Report Q2 Net Profit Declines

Foot Locker, Buckle Report Q2 Net Profit Declines

Specialty athletic retailer Foot Locker, Inc. reported Friday a second-quarter net profit that plunged from last year, hurt by a sales decline amid markdowns. Quarterly sales met Street estimates. The company also trimmed it adjusted earnings and sales growth guidance for the full-year 2022.
RTTNews | 874 days ago
Pound Slides As U.K. Borrowing Costs Soar

Pound Slides As U.K. Borrowing Costs Soar

The British pound weakened against other major currencies in the European session on Thursday, on worries about the rising borrowing costs in the U.K. and the stagflation threat.
RTTNews | 5h 9min ago
FTSE 100 Moderately Higher As Mining Stocks Move Up

FTSE 100 Moderately Higher As Mining Stocks Move Up

The U.K. market is up in positive territory Thursday morning, led by gains in the mining sector, even as stocks from the retail sector are reeling under selling pressure, despite several big name retailers reporting a surge in sales. A weak pound is contributing significantly to market's upmove.
RTTNews | 5h 54min ago
Eurozone Retail Sales Rise Less Than Forecast

Eurozone Retail Sales Rise Less Than Forecast

Driven by food and auto fuel turnover, Eurozone retail sales registered a marginal growth, which was weaker than expected in November, reflecting subdued household consumption towards the end of 2024. Retail sales grew 0.1 percent on month in November after easing 0.3 percent in October, data from Eurostat showed Thursday. Sales were expected to climb 0.3 percent.
RTTNews | 6h 9min ago
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Thursday.
RTTNews | 6h 19min ago
CAC 40 Recovers After Weak Start, Up Marginally

CAC 40 Recovers After Weak Start, Up Marginally

French stocks are turning in a mixed performance Thursday morning as investors make largely cautious moves amid a lack of fresh data. Higher U.S. bond yields, and concerns about potential tariffs under Trump's presidency as well the outlook for interest rate cuts appear to be weighing on stocks.
RTTNews | 6h 39min ago