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By
Reuters
Published
Aug 18, 2011
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Buckle Inc posts higher Q2 profit on rugged denim sales

By
Reuters
Published
Aug 18, 2011

August 18 - Buckle Inc posted a higher second-quarter profit as the apparel and footwear retailer saw strong demand for its fashionable denims. Net income rose to $23.6 million, or 50 cents a share, compared with $20.7 million or 45 cents a share, a year ago.

Buckle
Buckle offers a large selection of brands: Lucky Brand, Affliction, Sinful, Quiksilver, Billabong, Projek Raw and many more.

The company, whose merchandise included third-party brands like Guess, Diesel, Hurley and Ed Hardy said revenue was up 12.6 percent to $212.4 million. Same-store sales rose 8.9 percent.

Shares of the Kearney, Nebraska-based company closed at $37.40 on Wednesday on the New York Stock Exchange.

(Reporting by Meenakshi Iyer in Bangalore; Editing by Joyjeet Das)

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