KEARNEY, NE -- (Marketwire) -- 05/07/09 -- The Buckle, Inc. (NYSE: BKE) announced today
that comparable store net sales, for stores open at least one year, for the
four-week period ended May 2, 2009 increased 18.2 percent from comparable
store net sales for the four-week period ended May 3, 2008. Net sales for
the four-week fiscal month ended May 2, 2009 increased 25.6 percent to
$59.1 million from net sales of $47.0 million for the prior year four-week
fiscal month ended May 3, 2008.
Comparable store net sales year-to-date for the thirteen-week period ended
May 2, 2009 increased 17.7 percent from comparable store net sales for the
thirteen-week period ended May 3, 2008. Net sales for the thirteen-week
fiscal period ended May 2, 2009 increased 24.6 percent to $199.7 million
from net sales of $160.3 million for the prior year thirteen-week fiscal
period ended May 3, 2008.
The Company will announce first quarter earnings on Thursday, May 21, 2009.
Management will hold a conference call at 11:30 a.m. EDT on May 21, 2009 to
discuss results for the quarter. To participate in the call, please call
(800) 288-8967 and reference the conference code 100727. A replay of the
call will be available for a two-week period beginning May 21, 2009 at 1:30
p.m. EDT by calling (800) 475-6701 and entering the conference code 100727.
About Buckle
Offering a unique mix of high-quality, on-trend apparel, accessories, and
footwear, Buckle caters to fashion-conscious young men and women. Known as
a denim destination, each store carries a wide selection of fits, styles,
and finishes from leading denim brands, including the Company's exclusive
brand, BKE. Headquartered in Kearney, Nebraska, Buckle currently operates
393 retail stores in 40 states. This includes the recent opening of 3 new
stores in Savannah, Georgia; Newport News, Virginia; and Pineville, North
Carolina. The Company also closed one store in fiscal April. The Company
operated 374 stores in 39 states as of May 7, 2008. To listen to the
Company's recorded monthly sales commentary, please call (308) 238-2500.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995: All forward-looking statements made by the Company involve material
risks and uncertainties and are subject to change based on factors which
may be beyond the Company's control. Accordingly, the Company's future
performance and financial results may differ materially from those
expressed or implied in any such forward-looking statements. Such factors
include, but are not limited to, those described in the Company's filings
with the Securities and Exchange Commission. The Company does not
undertake to publicly update or revise any forward-looking statements even
if experience or future changes make it clear that any projected results
expressed or implied therein will not be realized.
News releases and other information about The Buckle, Inc., can be
found on the Internet at www.buckle.com
Contact:
Karen B. Rhoads
Chief Financial Officer
The Buckle, Inc.
(308) 236-8491