- Apparel company Buckle Inc (NYSE:BKE) said its net sales for the five-week fiscal month ended April 1, 2023, decreased 9.2% year-on-year to $113.4 million.
- The comparable store net sales for March declined 10.1%.
- Comparable store net sales year-to-date for the 9-week period ended April 1, 2023, dropped 8.8%.
- Net sales for the 9-week period fell 7.9% to 195.9 million compared to $212.7 million last year.
- The company’s Q4 sales grew 5.5% to $401.81 million, beating the consensus of $384.01 million.
- Buckle currently operates 439 retail stores in 42 states in the U.S.
- Price Action: BKE shares are trading lower by 2.49% at $34.00 in premarket on the last check Thursday.
Eli Lilly Makes Largest Manufacturing Investment In Its History To Boost Production For Antidiabetic And Weight Loss Meds
Eli Lilly has significantly increased its investment in its Lebanon, Indiana, manufacturing site to $9 billion, aiming to enhance production of tirzepatide injections.
