巴克尔 2025年季度报告

FORM10-Q þQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period EndedAugust2, 2025 oTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ____________ to ____________ Commission File Number:001-12951 THEBUCKLE, INC.(Exact name of Registrant as specified in its charter) Nebraska47-0366193(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 2407 West 24th Street,Kearney,Nebraska68845-4915(Address of principal executive offices)(Zip Code) (Former name, former address, and former fiscal year if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.YesþNoo Indicate by check mark whether the registranthas submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for a shorter period that the registrant was required tosubmit such files).YesþNoo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filerþ; Accelerated filero;Non-accelerated filero; Smaller reporting companyo;Emerging growth companyo If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act). YesoNoþ The number of shares outstanding of the Registrant's Common Stock, $0.01 par value, as of September5, 2025, was51,156,626. THE BUCKLE, INC. FORM 10-QINDEX Part I. Financial Information (unaudited) Item 1.Financial Statements3Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations15Item 3.Quantitative and Qualitative Disclosures About Market Risk21Item 4.Controls and Procedures21 Part II. Other Information Item 1.Legal Proceedings22Item 1A.Risk Factors22Item 2.Unregistered Sales of Equity Securities and Use of Proceeds22Item 3.Defaults Upon Senior Securities22Item 4.Mine Safety Disclosures22Item 5.Other Information22Item 6.Exhibits23Signatures24Exhibit Index25 THE BUCKLE, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTSTHIRTEEN AND TWENTY-SIX WEEKS ENDED AUGUST2, 2025 AND AUGUST3, 2024(Dollar Amounts in Thousands Except Share and Per Share Amounts)(Unaudited) 1.Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accountingprinciples generally accepted in the United States of America for interim financial information. Accordingly, they do not includeall of the information and footnotes required by accounting principles generally accepted in the United States of America forcomplete financial statements. In the opinion of management, all adjustments necessary for the fair presentation of the results ofoperations for the interim periods have been included. All such adjustments are of a normal recurring nature. Because of theseasonal nature of the business, results for interim periods are not necessarily indicative of a full year's operations. The accountingpolicies followed by the Company and additional footnotes are reflected in the consolidated financial statements for the fiscal yearended February1, 2025, included in The Buckle, Inc.'s 2024 Form 10-K. The condensed consolidated balance sheet as ofFebruary1, 2025 is derived from audited financial statements. For purposes of this report, unless the context otherwise requires, all references herein to the “Company,” “Buckle,” “we,” “us,”or similar terms refer to The Buckle, Inc. and its subsidiary. The Company follows generally accepted accounting principles (“GAAP”) established by the Financial Accounting StandardsBoard (“FASB”). References to GAAP in these notes are to the FASBAccounting Standards Codification(“ASC”). 2.Revenues The Company is a retailer of medium to better priced casual apparel, footwear, and accessories for fashion conscious men,women, and kids. The Company operates its business asonereportable segment and sells its merchandise through its retail storesand e-Commerce platform. The Company had440stores located in42stat