Back to top

Analyst Blog

The Buckle, Inc. (BKE - Snapshot Report), the retailer of casual apparel, footwear and accessories for men and women, yet again reported a 1.8% year-over-year fall in comparable-store sales (comps) for the five weeks ended Apr 5, 2014. However, net sales of $106.6 million remained almost unchanged from the prior-year period (ended Apr 6, 2013).

Notably, Buckle has also reported negative comps in the past 4 months. Comps declined 1.4% in Feb 2014, 6.6% in Jan 2014, 2.8% in Dec 2013 and 0.6% in Nov 2013.

Moreover, comps for the nine-week period ended Apr 5, 2014, fell 1.6% year over year. However, net sales inched up 0.1% to $196.1 million from the prior-year period (ended Apr 6, 2013).    

March has been challenging for the retailers. Apart from Buckle, sports-related teen apparel retailer, Zumiez Inc. (ZUMZ - Analyst Report), reported a 2.9% decline in comps for the five weeks ended Apr 5, 2014, compared with a comps increase of 2.1% for the five weeks ended Apr 6, 2013. L Brands, Inc. (LB - Analyst Report) reported a year-over-year decline of 1% in comps for March. Further, The Gap Inc. (GPS - Analyst Report) posted a 6% decline in comps for March against a decline of 1% in Mar 2013.

Total sales in both Men's and Women's categories remained flat year over year. Men's category contributed nearly 40% to Mar 2014 sales while Women's category accounted for 60% of total sales for the month.

On a combined basis, accessories sales increased 2% while footwear sales fell 4% in the reported month. Notably, these two categories are estimated to have constituted nearly 7% and 6.5%, respectively, of March's net sales.

As of Apr 10, 2014, Kearney, NE-based Buckle operates 450 retail stores across 43 states.

Currently, Buckle carries a Zacks Rank #3 (Hold).

Read the Full Research Report on ZUMZ
Read the Full Research Report on GPS
Read the Full Research Report on BKE
Read the Full Research Report on LB

Zacks Investment Research

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
SIGNET JEWE… SIG 116.37 +7.72%
INSITE VISI… INSV 0.30 +7.11%
CHYRONHEGO… CHYR 2.72 +5.84%
US SILICA H… SLCA 70.72 +4.00%
MALLINCKROD… MNK 80.11 +2.32%