)
Overview
<ul>
<li>Specialty retailer’s fiscal Q4 net sales rose 5.3% yr/yr to $399.1 mln</li>
<li>Fiscal yr net sales grew 6.6% to $1.298 bln</li>
<li>Company operates 440 stores in 42 states, closed four stores in fiscal January</li>
</ul>
Outlook
<ul>
<li>Company did not provide specific guidance for future quarters or years</li>
</ul>
Result Drivers
<ul>
<li>COMPARABLE STORE SALES - Comparable store net sales for Q4 increased 3.9%, contributing to overall sales growth</li>
<li>STORE CLOSURES - Company closed four stores during fiscal January, maintaining 440 stores in 42 states</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 Sales Slight $399.10 $396.45
Beat* mln mln (2
Analysts
)
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
<ul>
<li>The current average analyst rating on the shares is “hold” and the breakdown of recommendations is no “strong buy” or “buy”, 2 “hold” and no “sell” or “strong sell”</li>
<li>The average consensus recommendation for the apparel &amp; accessories retailers peer group is “buy.”</li>
<li>Wall Street’s median 12-month price target for Buckle Inc is $55.00, about 9% above its February 4 closing price of $50.45</li>
<li>The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago</li>
</ul>
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Buckle Q4 net sales rise 5.3% yr/yr