Buckle sales trend slows in May; nearly flat
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KEARNEY, Neb. - Teen apparel retailer The Buckle Inc.'s revenue at stores open at least a year was nearly flat in May, missing analyst expectations.The measure edged up just 0.2 percent, during the four weeks ended May 26. Analysts expected a 3.3 percent rise, according to a Thomson Reuters poll.This figure is a key indicator of a retailer's health because it excludes results from store recently opened or closed.The results show consumers appear to have slowed spending on items like Buckle's trendy jeans and t-shirts in May from the company's first quarter, which runs from February through April. Revenue
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- Kearney, Neb.
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