Web sales shine for The Buckle

Sales were up across the board for The Buckle Inc in the third quarter but it was the web that made the biggest contribution.

For the quarter ended Oct. 31:

• Web sales were $12.5 million, a 41.9% increase from $8.8 million in the prior year quarter.
• Total sales were $231.2 million, up by 9.8% from $210.6 million.
• Comparable-store sales increased by 4.3%.
• The Internet represented 5.4% of sales versus 4.2% a year earlier.
• Net income was $33.3 million, a 14.4% increase compared with $29.1 million in the prior year.

For the first nine months of fiscal 2009, The Buckle reported:

• Web sales of $34.3 million, a 50.8% increase from $22.7 million year over year.
• Total sales were $623.8 million, up by 15.4% from $540.6 million.
• Comparable-store sales increased 9.7%.
• Online sales accounted for 5.5% of total sales compared with 4.2% in the same period last year.
• Net income was $85.2 million, a 21.5% lift from $70.1 million.

The Buckle is No. 425 in the Internet Retailer Top 500 Guide (a PDF version of the company’s financial and operating profile can be ordered by clicking on its name).

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