- Buckle Inc (NYSE:BKE) reported third-quarter FY22 sales growth of 4% year-on-year to $332.34 million, beating the consensus of $326.65 million.
- Comparable store net sales increased 3%. Online sales increased 8.8 percent to $46.2 million.
- EPS of $1.24 beat the analyst consensus of $1.19.
- Gross profit rose 2.7% Y/Y to $165.4 million, with a margin of 49.8%.
- The operating margin was 23.9%, and operating income for the quarter declined 3.4% to $79.4 million.
- The company held $325 million in cash and equivalents as of October 29, 2022.
- Price Action: BKE shares traded higher by 4.59% at $41.50 in premarket on the last check Friday.
Steel Connect Q2 EPS $(0.02) Up From $(0.39) YoY, Sales $50.80M
Steel Connect (NASDAQ:STCN) reported quarterly losses of $(0.02) per share. This is a 94.87 percent increase over losses of $(0.39) per share from the same period last year. The company reported $50.80 million in sales