The Buckle, Inc. (BKE)
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Apr 30, 2026, 1:48 PM EDT - Market open
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Sales Update

Feb 6, 2025

Adam Akerson
VP of Finance, The Buckle

Hi. This is Adam Akerson with Buckle. And this is a recording of Buckle's commentary regarding the company's January 2025 sales press release. Our February 6th, 2025 press release reported that comparable store sales for stores open at least one full year for the four-week period ended February 1st, 2025, increased 4.4% in comparison to the prior year four-week period ended February 3rd, 2024. Total net sales for the four-week fiscal month decreased 18% to $59.5 million compared to net sales of $72.6 million in the prior year five-week fiscal month ended February 3rd, 2024. On the men's side of the business, total sales for the four-week fiscal period ended February 1st, 2025, decreased 2.5% in comparison to the prior year four-week period ended February 3rd, 2024. The men's business represented approximately 46.5% of total sales for the month versus approximately 50.5% for the same period in the prior year.

For the fiscal month, overall price points on the men's side of the business were up about 0.5%. On the women's side of the business, total sales for the four-week fiscal period ended February 1st, 2025, increased 14% in comparison to the prior year four-week period ended February 3rd, 2024. The women's business represented approximately 53.5% of total sales for the month versus approximately 49.5% in the same period a year ago. For the fiscal month, overall price points on the women's side of the business increased about 4.5%. Within the men's and women's categories combined, accessory sales for the fiscal month were up approximately 10% in comparison to the prior year four-week period ended February 3rd, 2024, while footwear sales were down about 7.5%. These two categories accounted for approximately 10% and 4.5%, respectively, of the current fiscal January net sales.

This compares with approximately 9.5% and 5%, respectively, for each in the prior year. Average accessory price points for the month were down about 1%, and average footwear price points were up about 2.5% for the fiscal month. For the month, UPTs decreased approximately 3%, and the average transaction value increased slightly compared to the prior year four-week period ended February 3rd, 2024. Buckle currently operates 440 retail stores in 42 states compared to 444 stores in 42 states as of February 6th, 2024. It is our company policy not to provide any guidance on current sales or to project results for the next quarter. Additionally, any forward-looking statements made during this commentary 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. I hope this brief commentary has answered your questions. If, however, you have any further questions, please call Tom Heacock at 308-238-2443 or myself at 308-338-2779. Thanks.

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