Buckle Inc. is set to release its fiscal second-quarter earnings on Friday, with market watchers anticipating a 2.73% year-over-year revenue increase to $314.1 million and an 8.97% decline in earnings per share to $0.81.
The Kearney, Nebraska-based retailer, which trades under the ticker BKE, has faced growing concerns over margin compression despite recent sales momentum. Comparable store sales rose 2.4% in June, a slowdown from April’s 7.0% gain and May’s 2.2% increase, reflecting a broader deceleration in growth. Through early July, year-to-date comparable sales were up 4.0%, yet the two-year comparable sales growth rate declined by 160 basis points month-over-month in June, according to UBS analyst Mauricio Serna.
Buckle’s stock has retreated from its 52-week high of $61.69, trading at $43.23 with a market capitalization of $2.2 billion. The company’s forward price-to-earnings ratio stands at 10.16, while the mean analyst price target is $46, implying a modest 6.4% upside potential. The retailer’s gross margin remains robust at 58.7%, but rising cost pressures and tougher year-over-year comparisons in the second half of fiscal 2026 could weigh on future earnings growth, Serna noted.
In the prior quarter, Buckle reported earnings of $0.92 per share, beating estimates by 35%, and revenue of $288.7 million, exceeding forecasts by 2.3%. Analysts have trimmed their full-year EPS estimates for fiscal 2025 by 1.85% over the past 60 days, though projections remain flat over the last week. The company’s fiscal 2025 total revenue is expected to climb 7.1% year-over-year to $1.31 billion, supported by an 11.8% increase in diluted EPS and a 14.36% rise in operating income over the trailing twelve months.
