Buckle Inc. said its normalized net income for the fiscal first quarter ended May 3 was 77 cents per share, compared with the S&P Capital IQ consensus estimate of 78 cents per share.

In the prior-year period, the per-share result came in at a profit of 78 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $37.2 million, compared with $37.3 million in the prior-year period.

The normalized profit margin dropped to 13.7% from 13.8% in the year-earlier period.

Total revenue came to $271.7 million, compared with $269.7 million in the year-earlier period, and total operating expenses came to $212.5 million, compared with $210.5 million in the prior-year period.

Reported net income totaled $37.5 million, or 78 cents per share, compared to $37.4 million, or 78 cents per share, in the prior-year period.