Before the opening bell on Friday, Buckle (BKE ) reported higher fourth quarter profits, which came in above analysts’ estimates.
BKE’s Earnings in Brief
- The retailer reported earnings of $60.13 million, or $1.25 per share, up from $59.30 million, or $1.23 per share, last year.
- Revenue increased to $353.54 million from $339.00 million.
- On average, analysts expected to see EPS of $1.24 and $353.50 million in revenue.
- Comparable sales grew by 1.1% from the year prior.
BKE paid its last 23 cent dividend on January 27. We expect the company to declare its next dividend in the coming weeks.
Shares of BKE were down 23 cents, or 0.47% during premarket trading Friday. YTD, the stock is down 7.12%.
The Bottom Line
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