Buckle Q4 profit up 13%
Kearney, Neb. -- The Buckle Inc. said Thursday its fiscal fourth-quarter net income rose a better-than-expected 13% to $56.1 million amid higher same-store sales and growing online demand.
Revenue rose 11% to $337.1 million from $303.1 million. Same-store sales increased 8%. Online sales, which are not included in that total surged 31% to $27.6 million.
Buckle, which also sells tops, shoes and other clothing, caters to teens.
For the fiscal year 2011, Buckle earned $151.5 million, up from $134.7 million in 2010. Revenue rose to $1.06 billion, from $949.8 million.