The Buckle, Inc. ($BKE) 2Q20 Earnings Sneak Peek

The Buckle, Inc. (NYSE:BKE) is reporting second quarter financial results on Friday 21st August 2020, before market open.

According to analysts surveyed by Thomson Reuters, BKE is expected to report 2Q20 income of $ 0.05 per share from revenue of $ 170.83 million.

For the full year, analysts anticipate top line of $ 759.52 million, while looking forward to income of $ 0.92 per share bottom line.

Previous Quarter Performance

The Buckle, Inc. reported loss for the first quarter of $ 0.24 per share, from the revenue of $ 115.41 million. The quarterly revenues shrunk 42.67 percent compared with the same quarter last year. Street analysts expected The Buckle, Inc. to report income of $ 0.03 per share on revenue of $ 143.23 million for the first quarter. The bottom line results missed street analysts by $ 0 or , at the same time, top line results fell short of analysts by $ 27.82 million or 19.42 percent.

Stock Performance

The company has a market capital of $ 820.18 million and is part of the Consumer Cyclical sector and Apparel Stores industry.

The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Outpost Makers, Departwest, and Veece.

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