Buckle Inc. said its normalized net income for the fiscal second quarter ended Aug. 2 came to 51 cents per share, compared with the S&P Capital IQ consensus estimate of 53 cents per share.
EPS decreased year over year from 52 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $24.4 million, a decline from $24.9 million in the prior-year period.
The normalized profit margin dropped to 10.3% from 10.7% in the year-earlier period.
Total revenue grew year over year to $235.7 million from $232.5 million, and total operating expenses grew on an annual basis to $197.0 million from $193.1 million.
Reported net income declined year over year to $24.5 million, or 51 cents per share, from $24.9 million, or 52 cents per share.
