• Q3 earnings flat at US$40.6m
  • Sales grow 1.9% 

US denim specialist The Buckle has booked a mixed set of results in its third-quarter with sales growing but earnings remaining flat.

Net income in the three months ended 1 November remained flat at US$40.6m. On a diluted basis, however, earnings per share eased downward by a penny to $0.84, less than the $0.86 per share consensus among analysts.

Net sales for the quarter increased 1.9% to $292.2m from sales of $286.8m for the prior year period. Comparable sales dropped 0.3%.

Online sales were up 3.8% to $22.8m in the period, compared to sales of $22m last year.