Buckle Q1 net income up 13%

Kearney, Neb. -- The Buckle Inc. reported Thursday that profit for the quarter ended April 28 increased 13% to $37.8 million, compared with $33.5 million in the year-ago period, as shoppers spent more in the teen retailer’s stores and online. Sales climbed 10% to $263.8 million, matching Wall Street estimates, and same-store sales rose 7.4%. Online revenues surged 15% in the period.