Buckle(BKE)2024-11-22 19:40Financial Performance - Net income for the third quarter of fiscal 2024 was 0.89 per share, compared to 1.05 per share in the same quarter of fiscal 2023, representing a decrease of 14.9% in net income [3][6]. - For the 39-week fiscal period ended November 2, 2024, net income was 2.37 per share, down from 2.83 per share in the prior year [7]. Sales Performance - Net sales for the 13-week fiscal quarter ended November 2, 2024, decreased by 3.2% to 303.5 million in the prior year [4]. - Comparable store net sales for the 13-week fiscal quarter decreased by 0.7% compared to the same period last year [4]. - Online sales increased by 1.1% to 46.1 million for the same period last year [4]. - The company reported a gross profit of 147.2 million in the prior year [12]. Assets and Liabilities - Total current assets as of November 2, 2024, were 508.9 million at the end of the previous fiscal quarter [15]. - Total assets increased to 921.2 million at the end of the previous fiscal year [15]. - Total liabilities were 447.2 million at the end of the previous fiscal year [15]. Store Operations - The company operated 445 retail stores in 42 states as of the end of the fiscal quarter, an increase from 443 stores in the same period last year [9].