Buckle, Inc. (BKE), a well-known denim retailer, disclosed on Thursday that its comparable store net sales for outlets operational for at least one year saw a decrease of 5.7% for the 5-week period ending on July 6, 2024.
During this period, the company's net sales fell by 5.8%, reaching $101.7 million, compared to $108.0 million in the equivalent 5-week timeframe from the previous year.
Looking at the year-to-date figures for the 22-week period ending July 6, 2024, comparable store net sales dropped by 8.0%. Net sales in this duration decreased by 7.1%, totaling $446.2 million, down from $480.2 million in the same period the previous year.