The strong EPS beat driven by a one-time $19.1M litigation settlement inflates operating income — strip this out for normalized run-rate. Revenue slightly missed consensus despite 6.1% YoY growth. Monitor the webcast for guidance on H2 trends and whether the 5.1% comp growth is sustainable.
Price Chart
Executive Summary
Buckle reported Q1 FY2026 net income of $46.9M ($0.93 basic EPS) on revenue of $288.7M, a 6.1% YoY increase. EPS of $0.93 beat the $0.74 consensus estimate by 25.7%, while revenue of $288.7M slightly missed the $289.2M consensus by -0.2%. The quarter included a $19.1M net settlement from interchange fee litigation that reduced Selling Expenses, boosting operating income.
Key Financial Metrics
Key Facts
- Net income $46.9M vs $35.2M YoY, up 33.2%
- Diluted EPS $0.92 vs $0.70 YoY, up 31.4%
- Revenue $288.7M vs $272.1M YoY, up 6.1%
- Comparable store sales up 5.1% YoY
- Online sales $47.7M vs $46.4M YoY, up 2.8%
- EPS of $0.93 beat consensus of $0.74 by 25.7%
- Revenue of $288.7M missed consensus of $289.2M by -0.2%
- Received $19.1M net cash from interchange fee litigation settlement, recorded as reduction to Selling Expenses
- Operating income $59.5M vs $43.5M YoY, up 36.6%
- Operating 442 stores at quarter end vs 439 a year ago
- Store count increased to 444 after quarter end with 3 new openings and 1 closure
Financial Impact
EPS beat consensus by 25.7% ($0.93 vs $0.74); revenue essentially in line (-0.2% miss). Net income surged 33.2% YoY to $46.9M, boosted by $19.1M litigation settlement.
Risk Factors
- The $19.1M litigation settlement is non-recurring — normalized operating income would be materially lower
- Revenue slightly missed consensus ($288.7M vs $289.2M) despite 6.1% YoY growth
- Online sales growth decelerated to 2.8% vs 6.4% in Q4 and 9.8% in FY2025
- Inventory increased 13.5% YoY to $150.2M, potentially signaling slower sell-through
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000885245-26-000025 |
| Document: bke-20260529.htm | 0000885245-26-000025 |
| Document: 0000885245-26-000025-index-headers.html | 0000885245-26-000025 |
| Document: 0000885245-26-000025-index.html | 0000885245-26-000025 |
| Document: 0000885245-26-000025.txt | 0000885245-26-000025 |
| 8-K Data (Synthetic) | 0000885245-26-000025 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 144 | $47.48 | awaiting T+60 | — | $46.58 (−1.90%) |
Oct 22, 2026 4d ago | Insider Cluster | $46.54 | awaiting T+60 | — | $46.58 (−0.09%) |
Sep 15, 2026 5w ago | 8-K | $39.65 | awaiting T+60 | — | $46.58 (+17.48%) |
Aug 31, 2026 8w ago | 8-K | $42.60 | awaiting T+60 | — | $46.58 (+9.34%) |
Aug 8, 2026 11w ago | Institutional Cluster | $46.65 | awaiting T+60 | — | $46.58 (−0.15%) |
Jun 2, 2026 20w ago | 8-K | $44.15 $44.17 | ▲ +0.05% | ▼ −1.07% | $46.58 (+5.50%) |
May 29, 2026 21w ago | 8-K | $45.87 $44.41 | ▼ −3.18% | ▼ −4.37% | $46.58 (+1.55%) |
Apr 22, 2026 26w ago | DEFA14A | $55.95 $42.47 | ▼ −24.09% | ▼ −28.87% | $46.58 (−16.75%) |
Apr 10, 2026 28w ago | Insider Cluster | $54.47 $42.69 | ▲ +21.63% | ▲ +31.95% | $46.58 (+14.49%) |
Mar 17, 2026 31w ago | Insider Cluster | $49.09 $45.29 | ▲ +7.74% | ▲ +19.88% | $46.58 (+5.11%) |
US Market Status
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