Showing posts with label BKE. Show all posts
Showing posts with label BKE. Show all posts

Thursday, July 5, 2012

Thursday’s biggest gaining and declining stocks

Thursday’s biggest gaining and declining stocksPalm Beach, FL 7/5/12 (StreetBeat) – Shares of the following companies made notable moves Thursday in U.S. premarket trade:

Advancers

International Speedway ISCA +2.67% was up 5% after posting jumps in both revenue and profit for its second quarter

Netflix NFLX +11.19% rose 7%, building on gains made in Tuesday’s holiday-shortened session.

OraSure Technologies Inc. OSUR +11.57% rose 7%, extending recent gains that came after the Food and Drug Administration approved the company’s over-the-counter HIV testing kit.

Ross Stores ROST +6.97% gained almost 6% after the retailer posted June same-store sales that topped analyst estimates.

Victoria’s Secret parent Limited Brands Inc. LTD +7.07% gained 5% after it said same-store sales rose 7%, well ahead of the 2.4% increase Wall Street was expecting.

SXC Health Solutions Corp. SXCI +1.88% rose 6%. Credit Suisse reiterated its outperform rating on the health-care firm and said the next major catalyst for the company will be forecasts accompanying second-quarter results.

Decliners

Ambow Education Holding Ltd. AMBO -11.21% fell 9% after the company said late Wednesday it swung to an adjusted first-quarter loss of 14 cents a share, compared with adjusted profit of 4 cents a share in the year-ago period.

Buckle BKE -5.55% was off 5% after reporting drops in both same-store and total sales last month.

Cato Corp. CATO -9.81% was off 6% after it posted a 10% slump in June same-store sales.

Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.

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Thursday, May 31, 2012

Buckle (NYSE: BKE) sales trend slows in May; nearly flat

Buckle (NYSE: BKE) sales trend slows in May; nearly flatPalm Beach, FL 5/31/12 (StreetBeat) -- Teen apparel retailer The Buckle Inc.'s (NYSE: BKE) revenue at stores open at least a year was nearly flat in May, missing analyst expectations.

The measure edged up just 0.2 percent, during the four weeks ended May 26. Analysts expected a 3.3 percent rise, according to aThomson Reuters poll.

This figure is a key indicator of a retailer's health because it excludes results from store recently opened or closed.

The results show consumers appear to have slowed spending on items like Buckle's trendy jeans and t-shirts in May from the company's first quarter, which runs from February through April. Revenue in stores open at least one year rose 7.4 percent in that period.

Total revenue for the four weeks ended May 26 rose 2.7 percent to $69.9 million.

So far this year, revenue at stores open at least a year was up 5.9 percent and total revenue increased 8.3 percent to $333.6 million.

Buckle is based in Kearney, Neb., and currently runs 423 stores in 41 states.

Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.

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Thursday, May 17, 2012

The Buckle, Inc. (NYSE: BKE) Reports First Quarter Net Income

The Buckle, Inc. (NYSE: BKE) Reports First Quarter Net IncomeNorthern, WI 5/17/12 (StreetBeat) -- The Buckle, Inc. (NYSE: BKE) announced today that net income for the fiscal quarter ended April 28, 2012 was $37.8 million, or $0.80 per share ($0.79 per share on a diluted basis).

Net sales for the 13-week fiscal quarter ended April 28, 2012 increased 9.9 percent to $263.8 million from net sales of $240.1 million for the prior year 13-week fiscal quarter ended April 30, 2011. Comparable store net sales for the 13-week period ended April 28, 2012 increased 7.4 percent from comparable store net sales for the prior year 13-week period ended April 30, 2011. Online sales (which are not included in comparable store sales) increased 15.1 percent to $19.7 million for the 13-week period ended April 28, 2012, compared to net sales of $17.1 million for the 13-week period ended April 30, 2011.

Net income for the first quarter of fiscal 2012 was $37.8 million, or $0.80 per share ($0.79 per share on a diluted basis), compared with $33.5 million, or $0.72 per share ($0.71 per share on a diluted basis), for the first quarter of fiscal 2011.

Management will hold a conference call at 10:00 a.m. EDT today to discuss first quarter results. To participate in the call, please call (800) 230-1093 and reference the conference code 247249. A replay of the call will be available for a two-week period beginning May 17, 2012 at 12:00 p.m. EDT by calling (800) 475-6701 and entering the conference code 247249.

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 433 retail stores in 43 states. As of the end of the first quarter, it operated 431 stores in 43 states compared with 422 stores in 41 states at the end of the first quarter of fiscal 2011.

Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.

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