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US' The Buckle reports Q3 net sales of $293.6 mn, down 3.2% YoY

12 Nov '24
1 min read
US' The Buckle reports Q3 net sales of $293.6 mn, down 3.2% YoY
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Insights

  • The Buckle, Inc has reported net sales of $293.6 million in the third quarter of 2024, down by 3.2 per cent from $303.5 million in the previous year.
  • Comparable store net sales declined 0.7 per cent in Q3.
  • Year-to-date (YTD) comparable store net sales dropped 5.4 per cent, and total net sales for the 39-week period decreased 4.6 per cent to $838.5 million from $878.7 million last year.
American fashion specialty retailer The Buckle, Inc has reported net sales of $293.6 million for the 13-week third quarter (Q3) ended November 2, 2024, a decrease of 3.2 per cent compared to net sales of $303.5 million for the prior year 13-week fiscal third quarter ended October 28, 2023.

The comparable store net sales for the 13-week Q3 decreased 0.7 per cent from comparable store net sales for the 13-week period ended November 4, 2023, The Buckle said in its press release.

Comparable store net sales year-to-date for the 39-week period ended November 2, 2024, decreased 5.4 per cent from comparable store net sales for the 39-week period ended November 4, 2023. Net sales for the 39-week fiscal period ended November 2, 2024, decreased 4.6 per cent to $838.5 million compared to net sales of $878.7 million for the prior year 39-week fiscal period ended October 28, 2023.

Due to the 53rd week in fiscal 2023, comparable store net sales for the month, quarter, and year-to-date periods are compared to the 4-week, 13-week, and 39-week periods ended November 4, 2023, the press release stated.

Fibre2Fashion News Desk (SG)

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