The Buckle, Inc. (BKE Quick QuoteBKE - Free Report) has been continuing with its sluggish comparable-store sales (comps) performance this year. Comps for the five-week period ended Jul 2, 2016, fell 10.6% year over year, continuing the trend of decline – 11% in May, 13.2% in April, 11.8% in March, 8.9% in February and 11.3% in January.

This Zacks Rank #5 (Strong Sell) company generated net sales of $78.3 million in June, down 10.1% year over year. We note that net sales decreased 10.4% in May, 12.3% in April, 11% in March, 7.7% in February and 10.1% in January.

Sales at the company’s Men's category tumbled 5% year over year. This category contributed nearly 51% to Buckle’s June sales. Sales in the Women’s category, which represented 49% of the company’s monthly sales, declined 14% year over year. Buckle has not been able to turn the performance of its struggling Women’s business around.

On a combined basis, accessory sales, which constituted nearly 11% of the company’s June sales, dropped 4%, while footwear sales, which accounted for almost 5.5% of net sales, fell 7.5%.

Comps for the 22-week period ended Jul 2, 2016, went down 11%, while net sales over the same time frame fell 10.2% to $389.2 million from $433.6 million recorded in the year-ago period.

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As of Jul 7, 2016, Buckle operated 467 retail stores across 44 states.

Apart from Buckle, Zumiez, Inc. (ZUMZ Quick QuoteZUMZ - Free Report) and The Cato Corporation (CATO Quick QuoteCATO - Free Report) recorded comps declines of 4.5% and 8%, respectively. On the other hand, L Brands, Inc. registered an increase of 6% in comps.

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