--- title: "Buckle | 10-K: FY2026 Revenue Beats Estimate at USD 1.298 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/281416042.md" datetime: "2026-04-01T19:45:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281416042.md) - [en](https://longbridge.com/en/news/281416042.md) - [zh-HK](https://longbridge.com/zh-HK/news/281416042.md) --- # Buckle | 10-K: FY2026 Revenue Beats Estimate at USD 1.298 B Revenue: As of FY2026, the actual value is USD 1.298 B, beating the estimate of USD 1.295 B. EPS: As of FY2026, the actual value is USD 4.14, beating the estimate of USD 4.0691. EBIT: As of FY2026, the actual value is USD 261.44 M. The Buckle, Inc. operates as a single reportable segment, deriving revenue from retail stores and its e-commerce platform . #### Operational Metrics - **Gross Profit**: Gross profit increased from $592.8 million in fiscal 2024 to $635.9 million in fiscal 2025 . As a percentage of net sales, it was 49.0% in fiscal 2025, up from 48.7% in fiscal 2024, driven by improved merchandise margins (0.20% of net sales) and leveraged occupancy, buying, and distribution expenses (0.10% of net sales) . - **Merchandise Shrinkage Rate**: The rate was 0.4% of net sales in fiscal 2025, a decrease from 0.5% in fiscal 2024 . - **Selling Expenses**: Selling expenses rose from $293.2 million in fiscal 2024 to $308.5 million in fiscal 2025 . However, as a percentage of net sales, these expenses decreased from 24.1% in fiscal 2024 to 23.7% in fiscal 2025 . - **General and Administrative Expenses**: These expenses increased from $58.2 million in fiscal 2024 to $65.9 million in fiscal 2025 . As a percentage of net sales, they increased from 4.8% in fiscal 2024 to 5.1% in fiscal 2025 . - **Income from Operations**: Income from operations grew from $241.4 million in fiscal 2024 to $261.4 million in fiscal 2025 . As a percentage of net sales, it was 20.2% in fiscal 2025, up from 19.8% in fiscal 2024 . - **Other Income, Net**: This amounted to $14.7 million in fiscal 2025, down from $16.4 million in fiscal 2024 . - **Income Tax Expense**: Income tax expense was $66.375 million in fiscal 2025, compared to $62.309 million in fiscal 2024 . As a percentage of pre-tax income, it was 24.0% for fiscal 2025 and 24.2% for fiscal 2024 . - **Net Income**: Net income was $209.744 million in fiscal 2025, an increase from $195.468 million in fiscal 2024 . #### Cash Flow and Liquidity - **Cash and Cash Equivalents**: $249.5 million as of January 31, 2026 . - **Short-term Investments**: $24.7 million as of January 31, 2026 . - **Long-term Investments**: $32.4 million as of January 31, 2026 . - **Working Capital**: $211.2 million as of January 31, 2026 . - **Operating Cash Flow**: Operating cash flow was $251.1 million in fiscal 2025, $242.0 million in fiscal 2024, and $254.6 million in fiscal 2023 . - **Capital Expenditures**: Capital expenditures for property and equipment purchases were $45.4 million in fiscal 2025, $42.3 million in fiscal 2024, and $37.3 million in fiscal 2023 . These expenditures included $40.7 million, $40.3 million, and $35.9 million, respectively, for new store construction, renovation, and technology upgrades, and $4.7 million, $2.0 million, and $1.4 million for corporate headquarters and distribution facility capital expenditures . - **Dividend Payments**: Total cash dividends paid were $225.1 million in fiscal 2025, $198.0 million in fiscal 2024, and $196.7 million in fiscal 2023 . - **Share Repurchase Plan**: As of January 31, 2026, 410,655 shares remained available under the 1,000,000 share repurchase plan, with no shares repurchased in fiscal 2025, 2024, or 2023 . #### Outlook / Guidance For fiscal 2026, The Buckle, Inc. plans to open 14 new stores and complete approximately 13 full remodels . Total capital expenditures are estimated to be $60.0 million to $65.0 million, primarily for store projects and technology investments, including a new corporate aircraft . The company anticipates that existing cash, investments, and operating cash flow will adequately fund capital expenditures and working capital for the next several years . ### Related Stocks - [BKE.US](https://longbridge.com/en/quote/BKE.US.md) ## Related News & Research - [Buckle (BKE) Valuation Check After Updated Sales And Ongoing Net Sales Momentum](https://longbridge.com/en/news/286843012.md) - [The Buckle, Inc. Reports April 2026 Net Sales | BKE Stock News](https://longbridge.com/en/news/285533059.md) - [Dear Future SpaceX (SPCX) Stock Fans, Mark Your Calendars for June 12](https://longbridge.com/en/news/286809659.md) - [12:31 ETInventing the Future: Disney Imagineer Lanny Smoot to Headline SIGGRAPH 2026](https://longbridge.com/en/news/286945538.md) - [Ravelin Properties REIT Reports First Quarter 2026 Results | SLTTF Stock News](https://longbridge.com/en/news/286625033.md)