Stock Track | Buckle (BKE) Soars 5.31% Pre-Market on Strong Q1 Earnings Beat

Stock Track
23 May

Shares of The Buckle, Inc. (NYSE:BKE) surged 5.31% in pre-market trading on Friday following the release of the company's impressive first-quarter financial results. The specialty retailer of casual apparel, footwear, and accessories demonstrated solid performance across key metrics, surpassing analyst expectations.

For the first quarter of fiscal 2025, Buckle reported net income of $35.2 million, or $0.70 per diluted share, up from $34.8 million, or $0.69 per diluted share, in the same period last year. The company's net sales for the 13-week fiscal quarter ended May 3, 2025, increased by 3.7% to $272.1 million, compared to $262.5 million in the prior year. Notably, comparable store net sales rose by 3.0%, while online sales grew by 4.5% to $46.4 million.

The Q1 results exceeded analyst expectations, with earnings per share of $0.70 beating the consensus estimate of $0.69 by 1.45%. Similarly, quarterly sales of $272.12 million surpassed the analyst forecast of $268.06 million by 1.51%. The company's strong performance was further underscored by its gross profit of $126.976 million and operating income of $43.546 million. With these results, Buckle has demonstrated its ability to navigate the challenging retail environment and deliver growth, likely contributing to the positive investor sentiment reflected in the pre-market stock surge.

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