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The Buckle, Inc. Message Board

  • quantman07 quantman07 Mar 11, 2010 2:08 PM Flag

    Tomorrow and Monday Upgrades and PT Increases

    Price Target Increases will be fast and furrious in the next few days!


    Because street estimates for next year's earnings are currently flat, i.e. based on no year over year growth.

    Traditionally, many analysts do not file new estimates in retail until the 4th quarter/full fiscal year holiday shopping earnings are released.

    I listened to the entire call this AM live and they were bullish throught, with men's women's, denims, woven's, margins, cost control, average prices, average sales/store, you name it.

    All the analysts were congratulatory and Feb sales was much better than anyone expected against tough comps of last year.

    Online sales is on fire, IMO, because BKE still has low retail penetration.

    New Loyalty card program should help this year, vs. current BS prehistoric manual punch card system.

    Also, they said no sales promotions in the works.

    This IMO is all bullish!

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21.40-0.10(-0.47%)Oct 26 4:02 PMEDT