This has been a very tough environment for retailers, but my favorite teen retailer continues to do very well. Buckle (BKE) just reported outstanding first-quarter earnings of 58 cents a share. This easily topped Wall Street’s estimate of 50 cents a share, and it’s a 44% increase over the 40 cents per share from last year. Sales rose 25% to $200 million.
The stock has been up by as much as 9% this morning. Buckle remains a very strong buy.