Buckle Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Dennis Nelson

Chief executive officer

US$9.8m

Total compensation

CEO salary percentage	12.2%
CEO tenure	33yrs
CEO ownership	4.8%
Management average tenure	10.1yrs
Board average tenure	20yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dennis Nelson's remuneration changed compared to Buckle's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 03 2024	US$10m	US$1m	US$220m
Oct 28 2023	n/a	n/a	US$228m
Jul 29 2023	n/a	n/a	US$238m
Apr 29 2023	n/a	n/a	US$242m
Jan 28 2023	US$11m	US$1m	US$255m
Oct 29 2022	n/a	n/a	US$251m
Jul 30 2022	n/a	n/a	US$252m
Apr 30 2022	n/a	n/a	US$253m
Jan 29 2022	US$12m	US$1m	US$255m
Oct 30 2021	n/a	n/a	US$237m
Jul 31 2021	n/a	n/a	US$216m
May 01 2021	n/a	n/a	US$199m
Jan 30 2021	US$6m	US$822k	US$130m
Oct 31 2020	n/a	n/a	US$112m
Aug 01 2020	n/a	n/a	US$96m
May 02 2020	n/a	n/a	US$78m
Feb 01 2020	US$3m	US$1m	US$104m
Nov 02 2019	n/a	n/a	US$99m
Aug 03 2019	n/a	n/a	US$93m
May 04 2019	n/a	n/a	US$92m
Feb 02 2019	US$3m	US$1m	US$96m
Nov 03 2018	n/a	n/a	US$97m
Aug 04 2018	n/a	n/a	US$96m
May 05 2018	n/a	n/a	US$92m
Feb 03 2018	US$3m	US$1m	US$90m

Compensation vs Market: Dennis's total compensation ($USD9.83M) is above average for companies of similar size in the German market ($USD1.62M).

Compensation vs Earnings: Dennis's compensation has been consistent with company performance over the past year.

CEO

Dennis Nelson (73 yo)

33yrs

Tenure

US$9,825,399

Compensation

Mr. Dennis H. Nelson has been President of The Buckle, Inc. since April 19, 1991 and also has been its Chief Executive Officer since March 17, 1997. Mr. Nelson began his career at Buckle Inc. in 1970 as a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dennis Nelson	President	33yrs	US$9.83m	4.77% $ 83.9m
Thomas Heacock	Senior VP of Finance	13.1yrs	US$2.18m	0.98% $ 17.2m
Brett Milkie	Senior Vice President of Leasing	10.1yrs	US$2.19m	0.29% $ 5.1m
Kari Smith	Executive VP of Stores & Director	10.2yrs	US$2.34m	0.45% $ 7.9m
Brady M. Fritz	Senior VP	5.3yrs	no data	0.13% $ 2.3m
Michelle Hoffman	Senior Vice President of Sales	10.1yrs	no data	0.22% $ 3.8m
Adam Akerson	VP of Finance	no data	no data	no data

10.1yrs

Average Tenure

60yo

Average Age

Experienced Management: BK2's management team is seasoned and experienced (10.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dennis Nelson	President	33yrs	US$9.83m	4.77% $ 83.9m
Thomas Heacock	Senior VP of Finance	6.3yrs	US$2.18m	0.98% $ 17.2m
Kari Smith	Executive VP of Stores & Director	6.2yrs	US$2.34m	0.45% $ 7.9m
Daniel Hirschfeld	Chairman	33yrs	no data	32.32% $ 568.1m
Karen Rhoads	Director	33yrs	US$137.54k	0.46% $ 8.1m
Bill Fairfield	Independent Director	27.9yrs	US$137.54k	0.10% $ 1.8m
Bruce Hoberman	Independent Director	23.8yrs	US$137.54k	0.082% $ 1.4m
James Shada	Independent Director	22.1yrs	US$137.54k	0.19% $ 3.4m
Michael Huss	Independent Director	14.9yrs	US$149.54k	0.059% $ 1.0m
John Peetz	Independent Director	17.8yrs	US$145.54k	0.054% $ 951.2k
Hank Bounds	Independent Director	5.6yrs	US$137.54k	0.028% $ 499.8k
Angie Klein	Independent Director	4.3yrs	US$141.54k	0.024% $ 420.8k

20.0yrs

Average Tenure

67.5yo

Average Age

Experienced Board: BK2's board of directors are seasoned and experienced ( 20 years average tenure).

Buckle Management

Management criteria checks 3/4

Key information

Recent management updates

The Buckle, Inc., Annual General Meeting, Jun 03, 2024

The Buckle, Inc. Announces Departure of Kelli D. Molczyk as Senior Vice President of Women’s Merchandising

Senior Vice President of Leasing recently sold €522k worth of stock

Executive VP of Stores & Director recently sold €1.1m worth of stock

Insufficient new directors

Insufficient new directors

Recent updates

The Buckle, Inc., Annual General Meeting, Jun 03, 2024

Fourth quarter dividend of US$0.35 announced

The Buckle, Inc. Announces Quarterly Dividend, Payable on April 26, 2024

The Buckle, Inc. Announces Departure of Kelli D. Molczyk as Senior Vice President of Women’s Merchandising

New major risk - Revenue and earnings growth

Full year 2024 earnings released: EPS: US$4.44 (vs US$5.17 in FY 2023)

The Buckle, Inc. to Report Q4, 2024 Results on Mar 15, 2024

The Buckle, Inc. Declares Quarterly Dividend, Payable on January 26, 2024

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: US$1.05 (vs US$1.25 in 3Q 2023)

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.35 per share at 12% yield

The Buckle, Inc. Reports Quarterly Dividend, Payable on October 27, 2023

Senior Vice President of Leasing recently sold €522k worth of stock

Second quarter 2024 earnings released: EPS: US$0.92 (vs US$1.02 in 2Q 2023)

Upcoming dividend of US$0.35 per share at 12% yield

The Buckle, Inc.(NYSE:BKE) dropped from Russell 2000 Value-Defensive Index

The Buckle, Inc. Reports Quarterly Dividend, Payable on July 28, 2023

First quarter 2024 earnings released: EPS: US$0.87 (vs US$1.12 in 1Q 2023)

Now 23% undervalued after recent price drop

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.35 per share at 12% yield

Full year 2023 earnings released: EPS: US$5.17 (vs US$5.20 in FY 2022)

The Buckle, Inc. to Report Q4, 2023 Results on Mar 10, 2023

The Buckle, Inc. to Report Q2, 2024 Results on Aug 18, 2023

Executive VP of Stores & Director recently sold €1.1m worth of stock

Upcoming dividend of US$3.00 per share

The Buckle, Inc. Approves Special Cash Dividend, Payable on January 27, 2023

Third quarter 2023 earnings released: EPS: US$1.25 (vs US$1.27 in 3Q 2022)

Insufficient new directors

Now 21% undervalued

Upcoming dividend of US$0.35 per share

The Buckle, Inc. Declares Quarterly Dividend, Payable on October 28, 2022

Second quarter 2023 earnings released: EPS: US$1.02 (vs US$1.05 in 2Q 2022)

Upcoming dividend of US$0.35 per share

The Buckle, Inc. Authorizes Quarterly Dividend, Payable on July 29, 2022

First quarter 2023 earnings released

Insufficient new directors

The Buckle, Inc., Annual General Meeting, Jun 06, 2022

Upcoming dividend of US$0.35 per share

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

The Buckle, Inc. Announces Leadership Appointments

The Buckle, Inc. to Report Q4, 2022 Results on Mar 11, 2022

The Buckle, Inc. to Report Q2, 2023 Results on Aug 19, 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of US$6.00 per share

The Buckle, Inc. Announces Special Dividend, Payable on December 29, 2021

Senior Vice President of Leasing recently sold €454k worth of stock

Third quarter 2022 earnings released: EPS US$1.27 (vs US$0.85 in 3Q 2021)

Investor sentiment improved over the past week

Insufficient new directors

Upcoming dividend of US$0.33 per share

Insufficient new directors

Second quarter 2022 earnings released: EPS US$1.05 (vs US$0.71 in 2Q 2021)

Insider recently sold €526k worth of stock

Upcoming dividend of US$0.33 per share

Investor sentiment improved over the past week

Vice President of Women’s Merchandising recently sold €87k worth of stock

First quarter 2022 earnings released: EPS US$1.17 (vs US$0.24 loss in 1Q 2021)

First quarter 2022 earnings released: EPS US$1.17 (vs US$0.24 loss in 1Q 2021)

Senior VP of Finance recently sold €249k worth of stock

Upcoming dividend of US$0.33 per share

Full year 2021 earnings released: EPS US$2.67 (vs US$2.15 in FY 2020)

Senior Vice President of Leasing recently sold €438k worth of stock

Revenue beats expectations

Full year 2021 earnings released: EPS US$2.67 (vs US$2.15 in FY 2020)

New 90-day high: €33.60

The Buckle, Inc. to Report Q4, 2021 Results on Mar 12, 2021

The Buckle, Inc. to Report Q3, 2022 Results on Nov 19, 2021