Youth clothing retailer Buckle Inc reported net income up 8.5 percent on a 3.8 percent net sales increase for the first quarter ended April 29th 2006.
Net income for the first quarter of fiscal 2006 was $9.4 million compared with $8.6 million for the first quarter of fiscal 2005.
Net sales for the first quarter (13 weeks) ended April 29th 2006, increased 3.8 percent to $109.6 million from $105.5 million for the first quarter (13 weeks) of fiscal 2005.
Comparable store net sales, for stores open at least one year, declined 1.3 percent for the 13 weeks ended April 29th 2006, compared with the 13 weeks ended April 30th 2005.
Headquartered in Kearney, Nebraska, Buckle Inc is a retailer of casual apparel, footwear and accessories for young men and women.
As of the end of the fiscal quarter, it operated 341 stores in 38 states compared with 328 in 38 states at the end of the prior year first quarter. With the opening of its three newest stores in Kansas City, Kansas, Panama City, Florida, and Valencia, California during fiscal May, Buckle Inc currently operates 344 retail stores in 38 states.
marketing@alchempro.com
