The Buckle (NYSE:BKE), Inc., a retailer headquartered in Kearney, Nebraska, has reported a notable decline in its sales performance. The company, known for its specialty denim and exclusive brand BKE, saw a 10.8% reduction in comparable store net sales, compared to the same period a year ago. This amounted to $106.0 million in the four weeks ending on Saturday, November 25, 2023 versus the $117.9 million recorded during the same period in the previous year.
Extending the view to the year-to-date figures, Buckle's financial challenges persist with a 7.7% decrease in comparable store sales. The total net sales for the 43-week span reached $984.8 million, reflecting the ongoing slump.
Buckle has however expanded its retail presence from 441 to 445 stores nationwide over the past year. The company's network now extends across 42 states.
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