Buckle : Second Quarter 2026 News

About this update from Buckle, Inc. (the)

08/21/2026 Download(opens in new window) KEARNEY, Neb.--(BUSINESS WIRE)-- The Buckle, Inc. (NYSE: BKE) announced today that net income for the fiscal quarter ended August 1, 2026 was $44.4 million, or $0.88 per share ($0.87 per share on a diluted basis). Net sales for the 13-week fiscal quarter ended August 1, 2026 increased 4.6 percent to $319.8 million from net sales of $305.7 million for the prior year 13-week fiscal quarter ended August 2, 2025. Comparable store net sales for the 13-week fiscal quarter ended August 1, 2026 increased 2.1 percent from comparable store net sales for the prior year 13-week period ended August 2, 2025. Online sales increased 2.3 percent to $44.6 million for the 13-week fiscal quarter ended August 1, 2026, compared to net sales of $43.6 million for the 13-week fiscal quarter ended August 2, 2025. Net sales for the 26-week fiscal period ended August 1, 2026 increased 5.3 percent to $608.6 million from net sales of $577.9 million for the prior year 26-week fiscal period ended August 2, 2025. Comparable store net sales for the 26-week period ended August 1, 2026 increased 3.5 percent from comparable store net sales for the prior year 26-week period ended August 2, 2025. Online sales increased 2.5 percent to $92.2 million for the 26-week period ended August 1, 2026, compared to net sales of $90.0 million for the 26-week period ended August 2, 2025. Net income for the second quarter of fiscal 2026 was $44.4 million, or $0.88 per share ($0.87 per share on a diluted basis), compared with net income of $45.0 million, or $0.90 per share ($0.89 per share on a diluted basis) for the second quarter of fiscal 2025. Net income for the 26-week fiscal period ended August 1, 2026 was $91.3 million, or $1.80 per share ($1.79 per share on a diluted basis), compared with net income of $80.2 million, or $1.60 per share ($1.59 per share on a diluted basis) for the 26-week period ended August 2, 2025. Management will hold a live audio webcast at 10:00 a.m. EDT today to discuss results for the quarter. To register for the live event, please visit https://buckle.zoom.us/webinar/register/WN_RBdzPiI-RaGJ8MZl7H1VRA . A replay of the event can be accessed through Buckle's investor relations website within twenty-four hours after the conclusion of the live event ( https://corporate.buckle.com/investor-relations/events ). About Buckle Buckle is a specialty retailer focused on delivering exceptional service and style through unforgettable experiences. Offering a curated mix of high-quality, on-trend apparel, accessories, and footwear, Buckle is for those living the styled life. Known as a denim destination, each store carries a wide selection of fits, styles, and finishes from leading denim brands, including the Company's exclusive brand, BKE. Headquartered in Kearney, Nebraska, Buckle currently operates 447 retail stores in 42 states. As of the end of the fiscal quarter, it operated 446 stores in 42 states compared with 440 stores in 42 states at the end of the second quarter of fiscal 2025 . SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: All forward-looking statements made by the Company involve material risks and uncertainties and are subject to change based on factors which may be beyond the Company's control. Accordingly, the Company's future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such factors include, but are not limited to, those described in the Company's filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. Note: News releases and other information on The Buckle, Inc. can be accessed at www.buckle.com . Financial Tables to Follow THE BUCKLE, INC. CONSOLIDATED STATEMENTS OF INCOME (Amounts in Thousands Except Per Share Amounts) (Unaudited) Thirteen Weeks Ended Twenty-Six Weeks Ended August 1, 2026 August 2, 2025 August 1, 2026 August 2, 2025 SALES, Net of returns and allowances $ 319,816 $ 305,737 $ 608,551 $ 577,858 COST OF SALES (Including buying, distribution, and occupancy costs) 166,795 160,728 322,054 305,873 Gross profit 153,021 145,009 286,497 271,985 OPERATING EXPENSES: Selling 81,231 73,900 136,447 141,099 General and administrative 15,988 14,768 34,795 30,999 97,219 88,668 171,242 172,098 INCOME FROM OPERATIONS 55,802 56,341 115,255 99,887 OTHER INCOME, Net 3,019 3,270 5,662 6,337 INCOME BEFORE INCOME TAXES 58,821 59,611 120,917 106,224 INCOME TAX EXPENSE 14,411 14,605 29,625 26,025 NET INCOME $ 44,410 $ 45,006 $ 91,292 $ 80,199 EARNINGS PER SHARE: Basic $ 0.88 $ 0.90 $ 1.80 $ 1.60 Diluted $ 0.87 $ 0.89 $ 1.79 $ 1.59 Basic weighted average shares 50,619 50,199 50,619 50,199 Diluted weighted average shares 51,007 50,627 51,001 50,584 THE BUCKLE, INC. CONSOLIDATED BALANCE SHEETS (Amounts in Thousands Except Share and Per Share Amounts) (Unaudited) ASSETS August 1, 2026 January 31, 2026 (1) August 2, 2025 CURRENT ASSETS: Cash and cash equivalents $ 264,778 $ 249,461 $ 297,811 Short-term investments 22,402 24,698 22,118 Receivables 9,936 10,980 7,704 Inventory 161,403 139,504 142,486 Prepaid expenses and other assets 23,727 23,235 23,183 Total current assets 482,246 447,878 493,302 PROPERTY AND EQUIPMENT 558,982 523,002 527,716 Less accumulated depreciation and amortization (367,241 ) (360,556 ) (368,933 ) 191,741 162,446 158,783 OPERATING LEASE RIGHT-OF-USE ASSETS 373,937 339,687 334,703 LONG-TERM INVESTMENTS 35,729 32,393 29,630 OTHER ASSETS 11,054 8,875 12,214 Total assets $ 1,094,707 $ 991,279 $ 1,028,632 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $ 73,198 $ 47,749 $ 72,630 Accrued employee compensation 33,010 54,960 30,030 Accrued store operating expenses 29,957 20,072 28,087 Gift certificates redeemable 13,512 17,237 13,582 Current portion of operating lease liabilities 81,814 85,877 82,489 Income taxes payable - 10,810 2,736 Total current liabilities 231,491 236,705 229,554 DEFERRED COMPENSATION 34,697 31,994 29,630 NON-CURRENT OPERATING LEASE LIABILITIES 339,567 297,937 293,293 Total liabilities 605,755 566,636 552,477 COMMITMENTS STOCKHOLDERS' EQUITY: Common stock, authorized 100,000,000 shares of $.01 par value; issued and outstanding; 51,515,996 shares at August 1, 2026, 51,156,626 shares at January 31, 2026, and 51,156,626 shares at August 2, 2025 515 512 512 Additional paid-in capital 231,074 221,998 213,775 Retained earnings 257,363 202,133 261,868 Total stockholders' equity 488,952 424,643 476,155 Total liabilities and stockholders' equity $ 1,094,707 $ 991,279 $ 1,028,632 (1) Derived from audited financial statements. Thomas B. Heacock, Chief Financial Officer The Buckle, Inc. (308) 236-8491 Source: The Buckle, Inc. Multimedia Files:

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