August 24, 2010, 3:16 PM

The web grows while total sales in Q2 fall for The Buckle

Web sales increased 15.7% for The Buckle while same-store sales fell.

Lead Photo

The web was the only channel that delivered positive sales for apparel and accessories retailer The Buckle Inc. in the second quarter.

For the quarter ended July 31, The Buckle reported:

  • Web sales increased 15.8% to $11.7 million from $10.1 million in the second quarter of 2009.
  • Net sales decreased year over year 2.2% to $188.6 million from net sales of $192.9 million.
  • Comparable-store sales decreased 7.3%.
  • Net income was $20.7 million, down by 17.2% compared with $25 million in the prior year.

Based on calculations by Internet Retailer, the web accounted for 6.2% of total sales in the second quarter of 2010, compared with 5.2% in the prior year.

For the first half of the year The Buckle, No. 217 in the Internet Retailer Top 500 Guide, also reported:

  • Online sales were $26.2 million, a 20.2% increase from $21.8 million in the prior year quarter.
  • Total sales grew 2.8% to $403.4 million from $392.6 million.
  • Comparable-store sales decreased 2%.
  • Net income was $50.9 million, down by about 1.9% year over year from $51.9 million.

Based on calculations by Internet Retailer, the web accounted for 6.5% in the first two quarters compared with 5.6% in the prior year.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Bart Schaefer / E-Commerce

Applying back-to-school lessons to holiday e-mail strategy

It’s time to begin holiday “drip” campaigns that send a sequence of messages to consumers, ...

FPO

Shawn Aguilar / Mobile Commerce

Six mobile tips for the holidays

Mobile apps, location-based beacons and deep links are some of the tools at a retailer's ...

Advertisement