US vogue retailer Buckle continues sturdy first half momentum

The Buckle Inc, a US-based vogue retailer, reported 36.6 per cent gross sales rise to $295.1 million in second quarter (Q2) of FY21, ended on July 31, 2021, in comparison with $216.0 million in the identical quarter of final yr, whereas 44.8 per cent increased than pre-Covid interval in 2019. Nonetheless, on-line gross sales slipped 5.5 per cent to $43.4 million (Q2 FY20: $46.0 million).

 

The corporate’s gross revenue throughout Q2 FY21 improved to $142.0 million ($93.4 million). Web earnings rose to $51.4 million ($34.7 million), whereas earnings from operations expanded to $67.9 million ($45.5 million).

 

Providing a singular mixture of high-quality, on-trend attire, equipment, and footwear, Buckle caters to fashion-conscious younger women and men. Generally known as a denim vacation spot, every retailer carries a big selection of matches, types, and finishes from main denim manufacturers, together with the corporate’s unique model, BKE.

Fibre2Fashion Information Desk (JL)

The Buckle Inc, a US-based vogue retailer, reported 36.6 per cent gross sales rise to $295.1 million in second quarter (Q2) of FY21, ended on July 31, 2021, in comparison with $216.0 million in the identical quarter of final yr, whereas 44.8 per cent increased than pre-Covid interval in 2019. Nonetheless, on-line gross sales slipped 5.5 per cent to $43.4 million (Q2 FY20: $46.0 million).

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