Quarterly sales up from last year’s for Buckle; online up 99%
Denim retailer The Buckle has said its total net sales for the 13-week fiscal quarter ending August 1 were up, increasing 6% to $216.0 million from last year’s $203.8 million for the same period. Online sales for the quarter increased 99.0 percent to $46.0 million, compared to $23.1 million for the same period in 2019.
Net sales for the four-week fiscal month ending August 1 were also up, rising 3.8% to $70.0 million. Last year’s net sales for the same period were $67.5 million.
The 26-week fiscal period ended August 1, 2020 showed a decrease of 18.2% to $331.4 million; this is down from $405.1 million for the same period last year. Online sales for the year-to-date period increased 64.3% to $78.1 million, up from last year’s net sales of $47.5 million during the same period.
After temporarily closing all brick and mortar stores in March, Buckle said 431 of its 446 stores are now open. Of the 15 stores still closed, two didn’t reopen because of damage sustained during the closure period. The other 13 are in California, where they did briefly reopen but had to close again as lockdowns resumed.
