Revenue Update on Buckle Inc(NYSE:BKE)

Buckle Inc(NYSE:BKE) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 19, 2016. Company reported revenue of $212.16M. Analysts estimated a revenue of $215.74M. Earnings per share were $0.32. Analysts had estimated an EPS of $0.36.

Buckle Inc (BKE) made into the market gainers list on Mondays trading session with the shares advancing 0.52% or 0.14 points. Due to strong positive momentum, the stock ended at $26.96, which is also near the day’s high of $27.08. The stock began the session at $26.82 and the volume stood at 2,16,500 shares. The 52-week high of the shares is $42.64 and the 52 week low is $22. The company has a current market capitalization of $1,311 M and it has 4,86,23,190 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jul 20, 2016, Kyle Hanson (VP, Corp. Sec., & Gen. Counsel) sold 5,400 shares at $26.18 per share price.Also, On Jul 14, 2016, Kelli D Molczyk (VP WOMEN’S MERCHANDISING) sold 4,000 shares at $26.71 per share price.On May 31, 2016, Bill L Fairfield (director) purchased 200 shares at $23.53 per share price, according to the Form-4 filing with the securities and exchange commission.

The Buckle Inc. is a retailer of casual apparel footwear and accessories for young men and women. As of March 26 2015 the Company operated 462 retail stores in 44 states of the United States under the names of Buckle and The Buckle. The existing stores are in four downtown locations nine strip centers 56 lifestyle centers and 393 shopping malls. The Company markets a selection of brand name casual apparel including denims other casual bottoms tops sportswear outerwear accessories and footwear. The Company provides customer services such as free hemming free gift-wrapping easy layaways the Buckle private label credit card and a frequent shopper program. The Company offers denims from brands such as Big Star Vintage Miss Me Rock Revival Silver Jeans and Buffalo Jeans. Other brands include Hurley Billabong Roxy Affliction American Fighter Sinful Obey Roar RVCA Salvage Society Fox Oakley Bench Corral Reef Young & Reckless 7 Diamonds and Fossil.

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