Buckle September Comparable Store Net Sales Decrease 4.3%
Portfolio Pulse from Benzinga Newsdesk
Buckle reported a 4.3% decrease in comparable store net sales for September. Net sales for the 5-week fiscal month ending October 5, 2024, fell 2.5% to $100.6 million compared to the same period last year.
October 10, 2024 | 10:51 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Buckle's September comparable store net sales decreased by 4.3%, and total net sales for the 5-week fiscal month fell by 2.5% to $100.6 million compared to the previous year.
The decrease in both comparable store net sales and total net sales indicates a potential decline in consumer demand or other operational challenges. This negative sales performance is likely to impact investor sentiment and could lead to a short-term decline in Buckle's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100