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Meanwhile, comparable store net sales increased 3.3 percent. Online sales grew 4.3 percent to $230.4 million, compared to net sales of $220.8 million in fiscal 2012, the company said in a press release.
Buckle Inc reported net income of $254.6 million for FY2022, compared to $254.8 million for FY21. Net sales increased 3.9 percent to $1.345 billion, while comparable store net sales increased 3.3 percent. In Q4 FY22, the company’s net sales increased by 5.5 per cent to $401.8 million as compared to the fourth quarter of the prior year.
In the fourth quarter (Q4) of FY22, Buckle registered a growth of 5.5 per cent in net sales at $401.8 million as compared to Q4 of the previous year. Comparable store net sales also increased by 4.6 percent, and online sales increased by 2.3 percent 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 to $83.9 million, or $1.71 per share, for the fourth quarter of fiscal 2021.
Fibre2Fashion News Desk (RR)