Buckle Comparable Store Net Sales For The 13-Week Q2 Decrease 3.3%
Portfolio Pulse from Benzinga Newsdesk
Buckle's net sales for the 13-week fiscal second quarter ended July 29, 2023, decreased by 3.2% to $292.4 million compared to the same period in the previous year.
August 04, 2023 | 12:55 pm
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NEGATIVE IMPACT
Buckle's Q2 net sales have decreased by 3.2% compared to the same period last year, indicating a potential slowdown in revenue growth.
The decrease in Buckle's Q2 net sales compared to the same period last year indicates a potential slowdown in the company's revenue growth. This could negatively impact the company's stock price in the short term as investors may perceive this as a sign of weakening financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100