The Buckle, Inc. announced net income of $44.2 million, or $0.88 per diluted share, for the fiscal quarter ended November 2, 2024. This represents a decrease from the $51.8 million, or $1.04 per diluted share, reported in the third quarter of fiscal 2023.
Net sales for the 13-week fiscal quarter ended November 2, 2024, decreased by 3.2 percent to $293.6 million, down from $303.5 million in the prior year's comparable quarter. Comparable store net sales for the quarter also saw a decline of 0.7 percent, although online sales increased by 1.1 percent to $46.6 million.
For the 39-week fiscal period, net income was $118.3 million, or $2.35 per diluted share, a decrease from $140.3 million, or $2.81 per diluted share, in the prior year. The company operated 445 stores in 42 states at the end of the fiscal quarter, an increase from 443 stores in the prior year's third quarter.
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