Sales and income up at The Buckle

KEARNEY, Neb. — The Buckle announced that net income for the fiscal quarter was $61.4 million, or $1.29 per share ($1.28 per share on a diluted basis), compared with $56.1 million, or $1.19 per share ($1.18 per share on a diluted basis) for the fourth quarter of fiscal 2011. Net income for the fiscal year was $164.3 million, or $3.47 per share ($3.44 per share on a diluted basis), compared with $151.5 million, or $3.23 per share ($3.20 per share on a diluted basis) for the fiscal year ended January 28, 2012..

Net sales for the quarter increased 7% to $360.6 million from net sales of $337.1 million for the prior year 13-week fiscal quarter ended Jan. 28, 2012. Comparable-store net sales for the 14-week period were flat in comparison to comparable store net sales for the prior year 14-week period. Online sales (which are not included in comparable store sales) increased 5.4% to $29.1 million for the quarter compared with net sales of $27.6 million for the prior year period.

Net sales for the fiscal year increased 5.7% to $1.124 billion from net sales of $1.063 billion for the prior year period. Comparable-store net sales for the year increased 2.1% from comparable store net sales for the prior year 53-week period ended Feb. 4, 2012. Online sales increased 8.4% to $84.5 million for the year, compared with net sales of $78 million for the same period last year.

Net income for the fourth quarter of fiscal 2012 was $61.4 million, or $1.29 per share ($1.28 per share on a diluted basis), compared with $56.1 million, or $1.19 per share ($1.18 per share on a diluted basis) for the fourth quarter of fiscal 2011.

Net income for the fiscal year ended February 2, 2013 was $164.3 million, or $3.47 per share ($3.44 per share on a diluted basis), compared with $151.5 million, or $3.23 per share ($3.20 per share on a diluted basis) for the fiscal year ended January 28, 2012.