Buckle Third Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags

Buckle, Inc. (NYSE: BKE) reported its third quarter 2025 earnings, with revenues beating analyst expectations but earnings per share (EPS) falling short. The retailer's net sales decreased by 3.2% to $293.6 million, while comparable store net sales dropped by 0.7%. However, online sales increased by 1.1% to $46.6 million, offsetting some of the decline in in-store sales.



Buckle's gross margin contracted due to a 1.7% increase in cost of goods sold (COGS) and a 3.2% decrease in net sales. Operating expenses also rose by 2.9% to $85.6 million, driven by higher selling expenses. These factors contributed to a 13.8% decrease in net income to $44.2 million and a 19.4% decline in EPS to $0.89.



Despite the decline in EPS, Buckle's revenue growth was driven by a strategic focus on e-commerce. The company's online sales increased, indicating a shift in consumer behavior towards digital shopping. However, the decline in comparable store sales suggests that Buckle may need to adapt its in-store strategies to remain competitive.

Buckle's profit margin and EPS decline can be attributed to a combination of factors, including a shift in consumer behavior, higher occupancy and distribution costs, and increased selling expenses. The company's EPS missed analyst estimates by 6.8%, suggesting that operational inefficiencies and lower revenue growth may have impacted earnings.

Investors should monitor Buckle's cost management strategies and operating expenses to assess the company's future earnings potential. As the retail landscape continues to evolve, Buckle must adapt its business model to remain competitive and maintain revenue growth.