The Buckle, Inc. reported net sales of $305.7 million in the second quarter of fiscal 2025, an 8.3% increase year-over-year, driven by a 6.8% increase in the number of transactions and a 3.1% increase in the average unit retail. Comparable store net sales increased 7.3% year-over-year. Online sales grew 17.7% to $43.6 million. The average retail price per piece of merchandise sold increased 3.1% in the second quarter and 2.1% year-to-date. Gross profit margin improved to 47.4% in the second quarter and 47.1% year-to-date. Selling, general, and administrative expenses decreased as a percentage of net sales due to reductions in non-recurring digital commerce investments, store labor-related expenses, and other categories. Income from operations was $56.3 million in the second quarter and $99.9 million year-to-date. As of August 2, 2025, the company had working capital of $263.7 million, including $297.8 million of cash and cash equivalents. The company anticipates opening 4 new stores and completing 12 full store remodels in the remainder of fiscal 2025, with total capital expenditures estimated at $50.0 to $55.0 million. The company has a $25.0 million unsecured line of credit available with Wells Fargo Bank, N.A.
