August 23, 2013, 11:48 AM

The Buckle’s online sales increase 5% in the second quarter

The retail chain’s overall sales and net income also rise.

Lead Photo

E-commerce sales increased 5% in the second quarter for The Buckle.

Apparel retailer The Buckle Inc. says its online sales increased 5% in its fiscal second quarter ended Aug. 3. It also reported increases in its overall sales and profit.

For the second quarter, The Buckle, No. 225 in the Internet Retailer Top 500, reported:

  • Web sales increased 5.0% year over year to $16.8 million from $16.0 million.
  • Overall revenue grew 7.9% to $232.5 million from $215.5 million in the second quarter of 2012.
  • Comparable-store sales increased 3.2%.
  • Net income of $25.1 million, an 8.2% increase from $23.2 million.

The web accounted for 7.2% of total sales in the second quarter, a dip from 7.4% in Q2 last year.

For the six months ended Aug. 3, The Buckle reported:

  • Web sales increased 5.6% to $37.7 million from $35.7 million a year ago.
  • Overall revenue increased 4.8% to $502.2 million from $479.2 million in the first half of 2012.
  • Comparable-store sales increased 2.2%.
  • Net income of $62.7 million, a 2.8% increase from $61.0 million.

Online sales accounted for 7.5% of overall sales for the six-month period, compared with 7.4% for the same period a year earlier. The Buckle’s current fiscal year ends Feb. 1, 2014.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Deepak Agarwal / E-Commerce

Back-to-school insights from a Top 100 online retailer

It’s the second-largest online shopping season, and one nomorerack.com CEO pays close attention to. Here ...

FPO

Kevin Sterneckert / E-Commerce

The ghost economy: an $800 billion retail data disconnect

A new twist on a classic holiday story that online retailers will relive in the ...

Advertisement