The Buckle sales woes continue in August

By

Obi Anyanwu

Published
Sep 1, 2016

The Buckle, Inc. released on Thursday its August 2016 sales results. Net sales for the month of August decreased 14.0% to $87.2 million from $101.4 million in August 2015, and comparable store net sales declined 14.8% from last year.

 
Year-to-date comparable store net sales fell 11.6% from the prior comparable period, and net sales decreased 10.8% to $542.9 million from $608.8 million.
 
The August results continue The Buckle’s sales woes. In the second quarter, the company’s net sales fell 10.1% and its net income decreased to $15.5 million.

The Kearney, Nebraska-based company currently operates 470 stores in 44 states.