July numbers not good! Time for another dividend!
KEARNEY, Neb.--(BUSINESS WIRE)--The Buckle, Inc. (NYSE: BKE - News) announced today that comparable store net sales, for stores open at least one year, for the four-week period ended July 31, 2010 decreased 9.3 percent from comparable store net sales for the four-week period ended August 1, 2009. Net sales for the four-week fiscal month ended July 31, 2010 decreased 3.9 percent to $59.1 million from net sales of $61.5 million for the prior year four-week fiscal month ended August 1, 2009.
Comparable store net sales for the 13-week second quarter ended July 31, 2010 decreased 7.3 percent from comparable store net sales for the 13-week second quarter ended August 1, 2009. Net sales for the 13-week fiscal period ended July 31, 2010 decreased 2.2 percent to $188.6 million from net sales of $192.9 million for the prior year 13-week fiscal period ended August 1, 2009.
Comparable store net sales year-to-date for the 26-week period ended July 31, 2010 decreased 2.0 percent from comparable store net sales for the 26-week period ended August 1, 2009. Net sales for the 26-week fiscal period ended July 31, 2010 increased 2.8 percent to $403.4 million from net sales of $392.6 million for the prior year 26-week fiscal period ended August 1, 2009.
The Company will announce second quarter earnings the morning of Thursday, August 19, 2010. Management will hold a conference call at 11:30 a.m. EDT on August 19, 2010 to discuss results for the quarter. To participate in the call, please call (800) 230-1059 begin_of_the_skype_highlighting (800) 230-1059 end_of_the_skype_highlighting and reference the conference code 167165. A replay of the call will be available for a two-week period beginning August 19, 2010 at 1:30 p.m. EDT by calling (800) 475-6701 begin_of_the_skype_highlighting (800) 475-6701 end_of_the_skype_highlighting and entering the conference code 167165.