Analysts expected earnings of $1.25 a share on sales of $356.6 million.
Quarterly comparable-store sales were flat in the fourth quarter versus last year, while online sales rose by 5.4 percent to $29.1 million.
Adrienne Tennant, an analyst at Janney Capital Market, noted, “True to their full-price strategy, we do continue to note limited promotions at [Buckle] even in the highly promotional environment. However, should comps potentially come under pressure, the company may find it difficult to sustain peak margins.”
For the fiscal year, Buckle’s income grew 8.5 percent to $164.3 million, or $3.44 a share, up from $151.5 million, or $3.20 a share in 2011. Net sales rose 5.7 percent to $1.12 billion from $1.06 billion.
Shares of Buckle rose 3.1 percent to $48.74 Thursday.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)