Meanwhile, the comparable store net sales increased by 3.3 per cent. Online sales rose by 4.3 per cent to $230.4 million, compared to net sales of $220.8 million in FY22, the company said in a press release.
The Buckle Inc reported net income of $254.6 million for fiscal 2022 compared to $254.8 million for FY21. Net sales increased by 3.9 per cent to $1.345 billion, while comparable store net sales rose by 3.3 per cent. In Q4 FY22, the company’s net sales increased by 5.5 per cent to $401.8 million compared to the prior year’s fourth quarter.
In the fourth quarter (Q4) of FY22, Buckle reported an increase in net sales by 5.5 per cent to $401.8 million compared to the prior year’s fourth quarter. Comparable store net sales also increased by 4.6 per cent, and online sales rose by 2.3 per cent to $74.8 million, compared to net sales of $73.1 million for Q4 FY21.
The company’s net income for the fourth quarter of fiscal 2022 was $87.8 million, or $1.78 per share compared with $83.9 million, or $1.71 per share for the fourth quarter of fiscal 2021.
Fibre2Fashion News Desk (RR)