Loading...
•
Feb 01, 2025
Buckle Q4 2024 Earnings Report
Buckle reported a slight revenue decline and a lower net income in Q4 2024.
Key Takeaways
Buckle's Q4 2024 revenue decreased 0.8% YoY to $379.2 million. Net income fell to $77.2 million, compared to $79.6 million in Q4 2023. Earnings per share were $1.54, down from $1.60 a year ago. Comparable store net sales increased by 3.9%, while online sales rose 6.4%.
Revenue declined 0.8% YoY to $379.2 million.
Net income decreased to $77.2 million from $79.6 million in Q4 2023.
Comparable store net sales increased by 3.9%.
Online sales grew 6.4% to $69.7 million.
Revenue by Segment
Forward Guidance
Buckle expects stable revenue performance in 2025 with continued growth in online sales and efforts to optimize store operations.
Positive Outlook
- Strong comparable store sales growth of 3.9%.
- Online sales grew 6.4% YoY, indicating digital strength.
- Gross margin improved slightly to 52.6%.
- Continued expansion of private label offerings.
- Focus on cost efficiency and operational optimization.
Challenges Ahead
- Overall revenue declined 0.8% YoY.
- Net income fell slightly compared to Q4 2023.
- Higher operating expenses impacting profitability.
- Macroeconomic uncertainties could affect discretionary spending.
- Physical store sales continued to decline YoY.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...