The Buckle reports December SSS down 5.8% y/y

The Buckle announced that comparable store net sales, for stores open at least one year, for the 5-week period ended December 30, 2023 decreased 5.8% from comparable store net sales for the 5-week period ended December 31, 2022. Net sales for the 5-week fiscal month ended December 30, 2023 decreased 5% to $203.8M from net sales of $214.5M for the prior year 5-week fiscal month ended December 31, 2022. Comparable store net sales year-to-date for the 48-week period ended December 30, 2023 decreased 7.4% from comparable store net sales for the 48-week period ended December 31, 2022. Net sales for the 48-week fiscal period ended December 30, 2023 decreased 6.8% to $1.189B compared to net sales of $1.276B for the prior year 48-week fiscal period ended December 31, 2022.