Buckle (NYSE:BKE) Issues Quarterly Earnings Results

Buckle (NYSE:BKE) announced its earnings results on Friday. The company reported $0.53 EPS for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.06, MarketWatch Earnings reports. Buckle had a return on equity of 23.16% and a net margin of 10.52%. The firm had revenue of $224.10 million during the quarter, compared to analysts’ expectations of $217.78 million. During the same quarter in the previous year, the business earned $0.42 EPS. The company’s quarterly revenue was up 4.2% on a year-over-year basis.

BKE opened at $26.71 on Monday. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 13.56 and a beta of 0.70. The company has a current ratio of 2.35, a quick ratio of 1.57 and a debt-to-equity ratio of 0.71. Buckle has a 12 month low of $14.81 and a 12 month high of $27.01. The stock has a fifty day moving average price of $21.69 and a 200-day moving average price of $19.19.

A number of brokerages have weighed in on BKE. TheStreet raised Buckle from a “c+” rating to a “b-” rating in a research report on Thursday, November 7th. ValuEngine raised Buckle from a “hold” rating to a “buy” rating in a research report on Monday, November 4th.

In other news, VP Robert J. Harbols sold 2,500 shares of the business’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $21.14, for a total value of $52,850.00. Following the completion of the transaction, the vice president now directly owns 19,500 shares of the company’s stock, valued at approximately $412,230. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 41.80% of the company’s stock.

About Buckle

The Buckle, Inc operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Outpost Makers, Departwest, and Veece.

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Earnings History for Buckle (NYSE:BKE)

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