Buckle Inc. said its normalized net income for the fiscal third quarter ended Nov. 1 came to 84 cents per share, compared with the S&P Capital IQ consensus estimate of 85 cents per share.
In the prior-year period, the per-share result was a profit of 84 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $40.5 million, compared with $40.3 million in the year-earlier period.
The normalized profit margin declined to 13.9% from 14.0% in the year-earlier period.
Total revenue climbed year over year to $292.2 million from $286.8 million, and total operating expenses rose year over year to $227.6 million from $222.7 million.
Reported net income totaled $40.4 million, or 84 cents per share, compared to $40.8 million, or 85 cents per share, in the prior-year period.
