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The Buckle posts FY19 sales of $900 mn

24 Mar '20
1 min read
Pic: Buckle
Pic: Buckle

The Buckle Inc, a US-based fashion retailer, has announced  its results for fiscal 2019 that ended on February 1, 2020. Net sales in FY19 rose 1.7 per cent to $900.3 million compared to $885.5 million in prior year. Net income over the year increased from $95.6 million in FY18 to $104.4 million in the reported year. Gross profit in FY19 were $377.4 million.
 
Sales in the fourth quarter (Q4) FY19 grew 2.5 per cent to $271.0 million (Q4 FY18: $264.4 million) compared to same period prior year. Net income in the quarter was $47.0 million compared to $41.1 million in same period prior year. Gross profit in the quarter were $128.5 million (Q4 FY18: $121.2 million).
 
Selling, general and administrative expenses (SG&A) in the fiscal 2019 were $245.9 million. SG&A for the quarter were $68.7 million.

Fibre2Fashion News Desk (JL)

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