jueves, 8 de enero de 2009

The Buckle, Inc. Reports December 2008 Net Sales

The Buckle, Inc. (NYSE: BKE) announced today that comparable store net sales, for stores open at least one year, for the five-week period ended January 3, 2009 increased 13.5 percent from comparable store net sales for the five-week period ended January 5, 2008. Net sales for the five-week fiscal month ended January 3, 2009 increased 20.8 percent to $131.2 million from net sales of $108.5 million for the prior year five-week fiscal month ended January 5, 2008.

Comparable store net sales year-to-date for the 48-week period ended January 3, 2009 increased 21.0 percent from comparable store net sales for the 48-week period ended January 5, 2008. Net sales for the 48-week fiscal period ended January 3, 2009 increased 28.1 percent to $744.0 million from net sales of $580.9 million for the prior year 48-week fiscal period ended January 5, 2008.

During the five-week fiscal month ended January 3, 2009, the Company repurchased 165,000 shares of its common stock at an average price of $17.99 per share. These shares were purchased pursuant to the 1,000,000 share corporate stock repurchase program authorized by the Board of Directors on November 20, 2008. The Company had 800,000 shares remaining to complete this authorization as of the end of the fiscal month.

About Buckle

Offering a unique mix of high-quality, on-trend apparel, accessories, and footwear, Buckle caters to fashion-conscious young men and women. Known as a denim destination, each store carries a wide selection of fits, styles, and finishes from leading denim brands, including the Company's exclusive brand, BKE. Headquartered in Kearney, Nebraska, Buckle currently operates 388 retail stores in 39 states compared to 369 stores in 38 states as of January 8, 2008. To listen to the Company's recorded monthly sales commentary, please call (308) 238-2500.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: All forward-looking statements made by the Company involve material risks and uncertainties and are subject to change based on factors which may be beyond the Company's control. Accordingly, the Company's future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such factors include, but are not limited to, those described in the Company's filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

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