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The Buckle, Inc.
Type
Public
Traded as NYSE: BKE
S&P 600 Component
Industry Retail
Founded 1948; 69 years ago (1948)
Founder David Hirschfeld
Headquarters Kearney, Nebraska, U.S.
Number of locations
465
Area served
United States (international shipping available)
Key people
Daniel Hirschfeld (Chairman)
Dennis Nelson (CEO)
Products Clothing, footwear, and accessories
Services Clothing retail
Revenue Increase US$1.15 Billion (2014)
Operating income
Increase US$336 Million (2014)
Net income
Decrease US$163 Million (2014)
Total assets Increase US$543 Million (2014)
Total equity Increase US$355 Million (2014)
Number of employees
8,600 (2016)
Website www.buckle.com

The Buckle, Inc. is an American fashion retailer selling clothing, footwear, and accessories for men, women, and children. The company operates over 465 stores in 44 states throughout the United States of America, under the names Buckle and The Buckle. Buckle markets brand name and private label apparel, including denim, other casual bottoms, tops and shirts, dresses and rompers, sportswear and athleisure, outerwear, footwear, swimwear, fragrances, sunglasses, bags and purses, wallets, and other accessories.

Buckle began as a men's clothing store established in 1948 in Kearney, Nebraska. The first store was founded by David Hirschfeld and operated under the name Mills Clothing. His son, Dan Hirschfeld, took over the business in 1965. In 1967, a second store was purchased and operated under the name Brass Buckle. The company began selling more casual men's clothing and by the early 1970s, Brass Buckle had developed into a denim-based store offering a wide selection of denim and shirts.

1970 - Current President and CEO, Dennis Nelson, joins the company.

1977 - The Company introduces women's clothing and the first mall-based location is opened.

1988 - Distribution operations relocate to a new home, the Brass Buckle Center, in west Kearney.

1991 - Brass Buckle changes its name to The Buckle, Inc. and begins development of private clothing label, bkle, known today as BKE.

1992 The Company goes public on the NASDAQ where it's traded as BKLE. The company reaches operations of 100 stores in 18 states.

1997 - The Buckle moves to the New York Stock Exchange where it now trades under the symbol, BKE.

1998 - The Buckle reaches operations of 200 stores in 29 states.

1999 - The first eCommerce website is launched.

2009 - The Buckle reaches operation of 400 stores in 41 states.

2010 - The company completes construction of a new 240,000 square feet, state-of-the-art distribution center.

2011 - The company reaches a milestone of selling five million pairs of jeans in one year.

2017 - The Buckle operates over 450 stores in 44 states.

Buckle markets denim jeans, casual bottoms, fashion tops and shirts, dresses and rompers, active wear, outerwear, footwear, swimwear, fragrances, sunglasses, bags and purses, wallets, and other accessories. Partner brands include: Affliction, American Fighter, Amuse Society, Bed Stu, Big Star, Billabong, Blowfish, Buffalo, Calvin Klein, Coco + Jaimeson, Corral, Etnies, Fitz + Eddi, Farylrobin, Flying Monkey, Fossil, Fox, Free People, Freebird by Steven, Good Work(s), Guess, Hurley, Kancan, Leatherock, Levi's, Lokai, Lucky Brand, Madden Girl, MEK, Miss Me, Naughty Monkey, Nixon, Not Rated, Oakley, Obey, Puma, Ray-Ban, Reef, Rock Revival, RVCA, Salvage, Sanuk, Saxx, Silver Jeans, Stance, Steve Madden, Timberland, Tommy Hilfiger, TOMS, UGG, Under Armour, White Crow, 7Diamonds and many more. Buckle's own private label brands make up 35% of sales. These include BKE, BKE Boutique, Buckle Black, Daytrip, Departwest, Gilded Intent, Gimmicks, Outpost Makers, Red by BKE, and Veece. The company carries fragrances from high-end and luxury brands such as Calvin Klein, Dolce & Gabbana, Gucci, Juicy Couture, Kenneth Cole, Marc Jacobs, Michael Kors, Tommy Hilfiger and Versace.

News

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2020 2020-11-20 Future report Set alerts
Q2 2020 2020-08-21 0.71 0.71
Q1 2020 2020-05-22 -0.24 -0.24
Q4 2019 2020-03-13 0.96 0.96
Q3 2019 2019-11-22 0.53 0.53
Q2 2019 2019-08-23 0.34 0.34
Q1 2019 2019-05-24 0.31 0.31
Q4 2018 2019-03-15 0.84 0.84
Q3 2018 2018-11-26 0.42 0.42
Q2 2018 2018-08-24 0.32 0.32

Ratings

2016-07-05 Reiterated Rating Deutsche Bank AG Sell $22.00
2016-06-26 Reiterated Rating KeyBanc Equal Weight
2016-06-26 Reiterated Rating KeyCorp Equal Weight
2016-05-31 Reiterated Rating Deutsche Bank Sell
2016-05-31 Reiterated Rating Deutsche Bank AG Sell
2016-05-06 Downgrade Wolfe Research Peer Perform to Underperform $23.00
2016-04-26 Initiated Coverage Deutsche Bank Sell $26.00
2016-03-30 Downgrade Standpoint Research Buy to Hold
2016-03-15 Reiterated Rating Brean Capital Hold
2016-03-14 Boost Price Target Wedbush Neutral $28.00 to $31.00
2016-03-14 Boost Price Target Wolfe Research Peer Perform $26.00 to $29.00
2016-01-08 Reiterated Rating Brean Capital Hold
2016-01-07 Upgrade Standpoint Research Hold to Buy
2015-12-06 Reiterated Rating Wedbush Neutral $31.00 to $30.00
2015-11-22 Reiterated Rating Sterne Agee CRT Neutral $34.00
2015-11-20 Lower Price Target Wedbush $36.00 to $31.00
2015-11-08 Reiterated Rating Brean Capital Hold
2015-11-06 Lower Price Target Wedbush $38.00 to $36.00
2015-11-05 Reiterated Rating Sterne Agee CRT Hold $40.00
2015-11-02 Boost Price Target Nomura $47.00 to $49.00
2015-11-02 Boost Price Target Nomura Holdings Inc. $47.00 to $49.00
2015-10-11 Reiterated Rating Sterne Agee CRT Equal Weight $42.00
2015-10-09 Lower Price Target Wedbush $43.00 to $38.00
2015-09-04 Reiterated Rating Brean Capital Hold
2015-08-23 Reiterated Rating Sterne Agee CRT Hold $45.00
2015-08-22 Reiterated Rating Brean Capital Hold
2015-08-17 Initiated Coverage Wolfe Research Peer Perform $42.00
2015-08-07 Reiterated Rating Nomura Hold
2015-08-06 Reiterated Rating Sterne Agee CRT Hold $45.00
2015-06-08 Reiterated Rating Brean Capital Hold
2015-06-04 Upgrade BB&T Corp. Underweight to Hold
2015-05-22 Lower Price Target Susquehanna Neutral $51.00 to $43.00
2015-05-19 Reiterated Rating Wedbush Hold $45.00 to $43.00
2015-01-09 Boost Price Target CRT Capital Fairly Valued $49.00 to $53.00
2015-01-09 Reiterated Rating Brean Capital Hold
2014-11-14 Initiated BB&T Capital Mkts Underweight
2014-11-14 Initiated Coverage BB&T Corp. Underweight
2014-11-06 Initiated Coverage Brean Capital Hold $49.00
2014-05-23 Reiterated Rating CRT Capital Fair Value $49.00
2014-05-22 Upgrade Ascendiant Capital Markets Sell to Hold
2014-05-14 Initiated Coverage CRT Capital Fair Value $49.00
2014-05-09 Reiterated Rating JPMorgan Chase & Co. Neutral $50.00 to $47.00
2014-03-17 Lower Price Target Cowen and Company $50.00 to $45.00
2014-03-14 Boost Price Target Janney Montgomery Scott $41.00 to $43.00
2014-03-07 Upgrade Janney Sell to Neutral $41
2014-03-07 Upgrade Janney Montgomery Scott Sell to Neutral $41.00
2014-02-27 Initiated Coverage Wedbush Neutral
2013-05-24 Downgrade Ascendiant Capital Markets Neutral to Sell
2013-04-08 Initiated Ascendiant Capital Markets Neutral $40
2012-07-30 Downgrade Janney Mntgmy Scott Neutral to Sell $34
2012-07-25 Downgrade KeyBanc Capital Mkts Hold to Underweight
2012-07-05 Reiterated Imperial Capital In-line $48 to $43
2010-12-02 Upgrade Janney Mntgmy Scott Sell to Neutral
2010-11-09 Downgrade Standpoint Research Buy to Hold
2010-10-08 Reiterated Susquehanna Financial Positive $32 to $33
2010-09-10 Initiated Standpoint Research Buy $35
2010-09-03 Upgrade KeyBanc Capital Mkts Underweight to Hold
2010-03-26 Downgrade JP Morgan Neutral to Underweight $35
2010-03-09 Upgrade Susquehanna Financial Neutral to Positive
2009-12-04 Reiterated Roth Capital Buy $39 to $34
2016-07-05 Reiterated Rating Deutsche Bank AG Sell $22.00
2016-06-26 Reiterated Rating KeyBanc Equal Weight
2016-06-26 Reiterated Rating KeyCorp Equal Weight
2016-05-31 Reiterated Rating Deutsche Bank Sell
2016-05-31 Reiterated Rating Deutsche Bank AG Sell

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
HIRSCHFELD DANIEL J Chairman of the Board 33.49%  (16200000) BKE /
NELSON DENNIS H PRESIDENT & CEO 0.55%  (268400) BKE /
WHISLER PATRICIA K VP WOMEN\'S MERCHANDISING 0.19%  (93481) BKE /
Carlberg Robert M VP MEN\'S MERCHANDISING 0.17%  (83270) BKE /
HEACOCK THOMAS B Treasurer and Corp. Controller 0.11%  (53750) BKE /
SMITH KARI G VP SALES 0.09%  (45440) BKE /
FAIRFIELD BILL L 0.09%  (42708) BKE /
HOFFMAN MICHELLE VP SALES 0.08%  (40882) BKE /
HOBERMAN BRUCE 0.08%  (37029) BKE /
MOLCZYK KELLI D VP WOMEN\'S MERCHANDISING 0.07%  (36163) BKE /
MILKIE BRETT P VP LEASING 0.07%  (35010) BKE /
CAMPBELL ROBERT ERLE 0.07%  (32214) BKE /
APPLEGATE DIANE L VP SUPPLY CHAIN & MERCH OP 0.06%  (27500) BKE /
HANSON KYLE Corp. Sec. and Gen. Counsel 0.06%  (26700) BKE /
Peetz John P 0.05%  (24123) BKE /
HUSS MICHAEL E 0.04%  (18750) BKE /
HARBOLS ROBERT J VP INFORMATION TECHNOLOGY 0.03%  (14620) BKE /
RHOADS KAREN B VP FINANCE & CFO 0.02%  (9210) BKE /
SHADA JAMES E 0.01%  (5624) BKE /

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