Buckle Woes Continue In August Sales

Buckle, Inc. (NYSE: BKE) continued to face drop in both net sales and comparable store sales in August. The monthly sales number come on the heels of the company's earnings and revenue miss in the second quarter.For August, the retailer reported 14.8 percent drop in comparable store sales. This is wider than the 10.9 percent fall recorded in July and 10.8 percent drop in the second quarter. Net sales for August also dipped 14 percent to $87.2 million.For the year-to-date period, Buckle reported 11.6 percent fall in comparable store sales. Similarly, its net sales dipped 10.8 percent from $608.8 million to $542.9 million.On Wednesday, the stock shed $0.48, or 1.83 percent, to $25.77.