The Buckle Inc, a US-based fashion retailer, has announced 12.0 per cent sales growth to $251.0 million in its third quarter (Q3) for fiscal 2020 that ended on October 31, compared to the sales of $224.1 million in the same period previous fiscal. Company’s net income for during the quarter jumped to $41.6 million (Q3 FY19: $25.9 million).
Company’s online sales for the reported quarter increased 72.5 per cent to $46.4 million ($26.9 million). Cost of sales was $134.0 million ($130.5 million). Operating expenses for Q3 FY20 was slightly up at $62.8 million ($60.2 million). Whereas, income from operations jumped to $54.1 million ($33.3 million).