Buckle February Comparable Store Net Sales Decrease 11.5%
Portfolio Pulse from Benzinga Newsdesk
Buckle reported a decrease in February comparable store net sales by 11.5%. The net sales for the 4-week fiscal month ended March 2, 2024, decreased by 5.2% to $78.2 million compared to $82.5 million for the same period in the previous year.
March 07, 2024 | 11:52 am
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Buckle's February comparable store net sales decreased by 11.5%, and overall net sales fell by 5.2% to $78.2 million from $82.5 million year-over-year.
The reported decrease in both comparable store net sales and overall net sales for Buckle indicates a negative performance for the month of February, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the stock price in the short term.
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IMPORTANCE 90
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