Buckle Shares Pop On Q4 Earnings Beat


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  • Buckle Inc (NYSE:BKE) reported fourth-quarter FY21 sales growth of 19.5% year-on-year, to $380.93 million, beating the consensus of $366.30 million.
  • Comparable store net sales grew 20%. Online sales increased 10.5% Y/Y to $73.1 million.
  • EPS of $1.69 beat the analyst consensus of $1.44.
  • Gross profit rose 23.7% Y/Y to $202.3 million, with the margin expanding 184 basis points to 53.1%.
  • Operating expenses increased 17.5% Y/Y to $92.7 million.
  • The operating margin was 28.8%, and operating income for the quarter rose 29.6% to $109.6 million.
  • The company held $266.9 million in cash and equivalents as of January 29, 2022.
  • Price Action: BKE shares traded higher by 4.16% at $37.20 on the last check Friday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: EarningsNewsSmall CapMoversTrading IdeasGeneralBriefswhy it's moving