Thursday, September 1, 2016

The Buckle sales continue to slip in August

Following a revenue miss in the second quarter, sales continue to slide at The Buckle. 
 
For August, same-store sales fell 14.8%, a decrease exceeding the company’s 10.9% same-store loss in July, and a 10.8% drop in the second quarter. 
 
The casual apparel retailer reported that the four-week loss was impacted by both reward redemptions and accruals related to The Buckle’s new Guest Loyalty program, which launched during the fiscal quarter ended April 30, 2016.. . . more

No comments: