Buckle Inc
BRIEF: For the fiscal year ended 02 February 2013, The Buckle, Inc. revenues increased 6% to $1.12B. Net income increased 8% to $164.3M. Revenues reflect Retail Sales increase of 6% to $1.04B, Online Sales increase of 8% to $84.5M, Sales increase of 6% to $1.23B. Net income benefited from Merchandise Margins, Total -% increase of 1% to 44.4%. Dividend per share increased from $0.80 to $1.00.
Common Stock $.01 Par, 03/11, 100M auth., 47,281,314 issd. Insiders control 40.93%. Initial Public Offering 5/92, 1.7M shares @ $13.50 by William Blair & Company. 6/98, 3-for-2 stock split; 4/97, 2-for-1 stock split. 01/07, 3-for-2 stock split. 10/08, 3-for-2 stock split.
The Buckle, Inc. is a retailer of casual apparel, footwear, and accessories for men and women. As of January 28, 2012, the Company operated 431 retail stores in 43 states throughout the United States under the names Buckle and The Buckle. The Company markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear. As of January 28, 2012, the Company offered denims from brands, such as Big Star, Big Star Vintage, Miss Me, Rock Revival, Silver Jeans, and Buffalo Jeans. Other key brands include Hurley, Billabong, Affliction, Sinful, Archaic, Obey, Roar, RVCA, Fox, and Fossil. The Company purchases products from manufacturers within the United States, as well as from agents, who source goods from foreign manufacturers.