Buckle posts profit of $24.5 million in 2nd quarter

MarketsAssociated Press

Buckle Inc. (BKE) on Thursday reported profit of $24.5 million in its fiscal second quarter.

On a per-share basis, the Kearney, Nebraska-based company said it had net income of 51 cents.

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The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share.

The teen clothing retailer posted revenue of $235.7 million in the period, which beat Street forecasts. Analysts expected $234.2 million, according to Zacks.

Buckle shares have fallen 10 percent since the beginning of the year. The stock has dropped 13 percent in the last 12 months.


This story was generated automatically by Automated Insights (http://automatedinsights.com/ap ) using data from Zacks Investment Research. Full BKE report: http://www.zacks.com/ap/BKE


Keywords:Buckle,Earnings Report