The Buckle Inc, a US-based fashion retailer, reported 36.6 per cent sales rise to $295.1 million in second quarter (Q2) of FY21, ended on July 31, 2021, compared to $216.0 million in the same quarter of last year, while 44.8 per cent higher than pre-Covid period in 2019. However, online sales slipped 5.5 per cent to $43.4 million (Q2 FY20: $46.0 million).
The Buckle Inc, a US-based fashion retailer, reported 36.6 per cent sales rise to $295.1 million in second quarter (Q2) of FY21, ended on July 31, 2021, compared to $216.0 million in the same quarter of last year, while 44.8 per cent higher than pre-Covid period in 2019. However, online sales slipped 5.5 per cent to $43.4 million (Q2 FY20: $46.0 million).#
The company’s gross profit during Q2 FY21 improved to $142.0 million ($93.4 million). Net income rose to $51.4 million ($34.7 million), whereas income from operations expanded to $67.9 million ($45.5 million).
The Buckle Inc, a US-based fashion retailer, reported 36.6 per cent sales rise to $295.1 million in second quarter (Q2) of FY21, ended on July 31, 2021, compared to $216.0 million in the same quarter of last year, while 44.8 per cent higher than pre-Covid period in 2019. However, online sales slipped 5.5 per cent to $43.4 million (Q2 FY20: $46.0 million).#
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.
Fibre2Fashion News Desk (JL)
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