• Net income fell 3.1% to $40.6m from $41.9m
  • Net sales edged up 0.9% to $286.8m from $284.1m
  • Comparable store sales fell 0.5% 

 

Teen fashion retailer The Buckle Inc has posted a 3.1% drop in third quarter profit after sales slipped.

The company, which operates 452 retail stores, today (21 November) said net income fell 3.1% to $40.6m from $41.9m in the three months to 2 November.

Sales at stores open at least a year fell 0.5%. Online sales, which are not included in comparable store sales, increased 11.9% to $22.0m during the quarter.