The Buckle (BKE) Sales Update summary

Sales Performance

• Comparable store sales for July 2024 decreased 6.8% year-over-year.

• Total net sales for the four-week fiscal month ended August 3, 2024, increased 3.8% to $98.7 million from $95.1 million a year ago.

• Men's sales declined 8%, while women's sales fell 4% compared to the prior year.

Category and Pricing Trends

• Men's business made up 53.5% of sales, down from 54.5% last year; women's share rose to 46.5%.

• Average price points increased 3% for men and 1% for women.

• Accessory sales dropped 5%, footwear sales fell 22.5% year-over-year.

• Accessories and footwear accounted for 10% and 4.5% of July net sales, respectively.

• Average accessory price points rose 0.5%, footwear price points increased 5.5%.

Second Quarter and Year-to-Date Results

• Comparable store net sales for Q2 2024 fell 6.6% compared to Q2 2023.

• Net sales for Q2 2024 decreased 3.4% to $282.4 million from $292.4 million in the prior year.

• Year-to-date comparable store net sales dropped 7.7%, with total net sales down 5.3% to $544.9 million.