• Mon. Nov 30th, 2020

Pharma Oracle

Evolving Today for better Tomorrow

Have a look at The Buckle, Inc. (NYSE: BKE) News Release

ByRenita Lyon

May 18, 2020 , ,

On 18 May 2020, The Buckle, Inc. (NYSE: BKE) changed 7.03% to recent value of $15.23. The stock transacted 164459 shares during most recent day however it has an average volume of 638.96K shares. It spotted trading -43.97% off 52-week high price. On the other end, the stock has been noted 29.51% away from the low price over the last 52-weeks.

The Buckle, Inc. (BKE) reported recently that net income for the fiscal quarter ended February 1, 2020 was $47.0M, or $0.96 per share ($0.96 per share on a diluted basis). Net income for the fiscal year ended February 1, 2020 was $104.4M, or $2.15 per share ($2.14 per share on a diluted basis).

Net sales for the 13-week fiscal quarter ended February 1, 2020 increased 2.5 percent to $271.0M from net sales of $264.4M for the previous year 13-week fiscal quarter ended February 2, 2019. Comparable store net sales for the 13-week period ended February 1, 2020 increased 3.3 percent from comparable store net sales for the previous year 13-week period ended February 2, 2019. Online sales increased 7.5 percent to $36.4M for the 13-week period ended February 1, 2020, contrast to net sales of $33.9M for the 13-week period ended February 2, 2019.

Net sales for the 52-week fiscal year ended February 1, 2020 increased 1.7 percent to $900.3M from net sales of $885.5M for the 52-week fiscal year ended February 2, 2019. Comparable store net sales for the 52-week period ended February 1, 2020 increased 2.2 percent from comparable store net sales for the previous year 52-week period ended February 2, 2019. Online sales increased 6.9 percent to $110.8M for the 52-week period ended February 1, 2020, contrast to net sales of $103.7M for the 52-week period ended February 2, 2019.

Net income for the fourth quarter of fiscal 2019 was $47.0M, or $0.96 per share ($0.96 per share on a diluted basis), contrast with $41.1M, or $0.85 per share ($0.84 per share on a diluted basis) for the fourth quarter of fiscal 2018.

Net income for the fiscal year ended February 1, 2020 was $104.4M, or $2.15 per share ($2.14 per share on a diluted basis), contrast with $95.6M, or $1.97 per share ($1.97 per share on a diluted basis) for the fiscal year ended February 2, 2019.

BKE has a gross margin of 41.90% and an operating margin of 14.60% while its profit margin remained 11.60% for the last 12 months. Its earnings per share (EPS) expected to touch remained 8.80% for this year while earning per share for the next 5-years is expected to reach at # ref.  The company has 48.7M of outstanding shares and 28.88M shares were floated in the market. According to the most recent quarter its current ratio was 2.2 that represents company’s ability to meet its current financial obligations. The price moved ahead of 6.78% from the mean of 20 days, 1.11% from mean of 50 days SMA and performed -25.19% from mean of 200 days price. Company’s performance for the week was -6.07%, -0.28% for month and YTD performance remained -44.78%.

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