Buckle

Q2 FY2027 EarningsQ1 FY26 beat consensus across all key profitability metrics, though revenue was largely in-line: net sales $288.7M vs. $289.2M expected. Diluted EPS reached $0.92, significantly exceeding the $0.74 consensus. The variance was primarily driven by a $19.1M interchange fee litigation settlement that reduced SG&A expenses. Comparable store sales rose 5.1% YoY, supported by a 4.3% increase in average unit retail, while gross margin of 46.2% slightly missed the 46.7% mean estimate.