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BKE - The Buckle: Still Plugging Along But Comps A Cause For Concern
Buckle Inc.
2024-05-24 16:43:32 ET
Summary
The Buckle, Inc. is a specialty retail stock that has slowly increased in value over time, but the tough macro environment for retailers poses challenges.
The company's Q1 2024 performance missed estimates, with sales down 7.2% and comparable store sales down 9.0% from last year.
Despite a strong cash position and reasonable liabilities, The Buckle, Inc. stock is considered a hold and more suitable for traders rather than long-term investors.