BKE BUCKLE INC
Price Chart
Executive Summary
Buckle reported Q1 FY2026 net income of $46.9M ($0.93 basic EPS) on revenue of $288.7M, a 6.1% YoY increase. EPS of $0.93 beat the $0.74 consensus estimate by 25.7%, while revenue of $288.7M slightly missed the $289.2M consensus by -0.2%. The quarter included a $19.1M net settlement from interchange fee litigation that reduced Selling Expenses, boosting operating income.
Key Financial Metrics
Actionable Insight
The strong EPS beat driven by a one-time $19.1M litigation settlement inflates operating income — strip this out for normalized run-rate. Revenue slightly missed consensus despite 6.1% YoY growth. Monitor the webcast for guidance on H2 trends and whether the 5.1% comp growth is sustainable. The stock has underperformed historically after earnings (T+20 avg -4.25% on prior calls), so consider taking profits on the beat-driven pop.
Key Facts
- Net income $46.9M vs $35.2M YoY, up 33.2%
- Diluted EPS $0.92 vs $0.70 YoY, up 31.4%
- Revenue $288.7M vs $272.1M YoY, up 6.1%
- Comparable store sales up 5.1% YoY
- Online sales $47.7M vs $46.4M YoY, up 2.8%
- EPS of $0.93 beat consensus of $0.74 by 25.7%
- Revenue of $288.7M missed consensus of $289.2M by -0.2%
- Received $19.1M net cash from interchange fee litigation settlement, recorded as reduction to Selling Expenses
- Operating income $59.5M vs $43.5M YoY, up 36.6%
- Operating 442 stores at quarter end vs 439 a year ago
- Store count increased to 444 after quarter end with 3 new openings and 1 closure
Financial Impact
EPS beat consensus by 25.7% ($0.93 vs $0.74); revenue essentially in line (-0.2% miss). Net income surged 33.2% YoY to $46.9M, boosted by $19.1M litigation settlement.
Risk Factors
- The $19.1M litigation settlement is non-recurring — normalized operating income would be materially lower
- Revenue slightly missed consensus ($288.7M vs $289.2M) despite 6.1% YoY growth
- Online sales growth decelerated to 2.8% vs 6.4% in Q4 and 9.8% in FY2025
- Inventory increased 13.5% YoY to $150.2M, potentially signaling slower sell-through
- Historical performance shows BKE earnings reports have negative T+20 alpha (-4.25% avg on prior calls)
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000885245-26-000025 |
| Document: bke-20260529.htm | 0000885245-26-000025 |
| Document: 0000885245-26-000025-index-headers.html | 0000885245-26-000025 |
| Document: 0000885245-26-000025-index.html | 0000885245-26-000025 |
| Document: 0000885245-26-000025.txt | 0000885245-26-000025 |
| 8-K Data (Synthetic) | 0000885245-26-000025 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 2, 2026
7d ago
|
8-K
| $44.15 $43.52 | ▼ −1.43% | ▼ −0.73% | $44.60 (+1.02%) |
|
May 29, 2026
11d ago
|
8-K
| $45.87 $43.68 | ▼ −4.77% | ▼ −5.05% | $44.60 (−2.77%) |
|
Apr 22, 2026
6w ago
|
DEFA14A
| $55.95 $56.40 | ▲ +0.80% | ▲ +1.20% | $44.60 (−20.29%) |
|
Apr 10, 2026
8w ago
|
Insider Cluster
| $54.47 $54.13 | ▲ +0.62% | ▲ +1.60% | $44.60 (+18.12%) |
|
Mar 17, 2026
12w ago
|
Insider Cluster
| $50.18 $48.77 | ▲ +2.81% | ▲ +1.41% | $44.60 (+11.12%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access