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Buckle Q4 Profit, Net Sales Decline
(RTTNews) - Denim retailer Buckle, Inc. (BKE) reported Friday fourth-quarter net income of $79.58 million or $1.59 per share, down from $87.84 million or $1.76 per share in the prior-year quarter.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.44 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter decreased 4.8 percent to $382.38 million from $401.81 million in the same quarter last year. Analysts expected sales of $383.63 million for the quarter.
Comparable store net sales decreased 9.6 percent. Online sales decreased 12.4 percent to $65.5 million.
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Buckle July Comparable Store Net Sales Down 5.7% - Quick Facts
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The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.
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Asian Markets Track Wall Street Lower
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Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs
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Lower Open Called For Thai Stock Market
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2 ชม. 14 นาทีที่ผ่านมา
Japanese Market Significantly Lower
The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.
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Indonesia Bourse May Hand Back Monday's Gains
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The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
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2 ชม. 44 นาทีที่ผ่านมา
