NYSE:BKESpecialty Retail
Buckle (BKE) Stock Sales Growth Holds As Margin Pressure Builds
Buckle stock added 2.7% today to close at US$43.81, a modest move for a retailer that just reported another quarter of solid profit. The headline is simple: net income of US$44.4m and basic earnings per share of US$0.88 were close to last year, while net sales reached US$319.8m with 2.1% comparable store growth.
The short-term read is that this is a steady quarter. The longer-term question for investors is whether a retailer with an attractive trailing P/E and a rich dividend can keep funding...