Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Channels

Screener

Funds

Advisors

Advisor Access

News

What Buckle's Earnings Mean For Mutual Fund Investors (BKE)

Shauna O'Brien Mar 13, 2015

Before Friday’s opening bell, apparel retailer Buckle (BKE) released its fourth quarter financial results. Here’s what the results mean for mutual fund investors.

Inside BKE’s Results

Earnings

The retailer reported net income of $60.13 million, or $1.25 per share, compared to $59.30 million, or $1.23 per share, last year. Analysts expected to see EPS of $1.24.

Revenue
Revenue rose 4.3% to $353.54 million from $339.00 million. On average, analysts expected revenue of $353.50 million. Comparable sales for the quarter increased by 1.1%.

Unimpressive Comps & Underperformance

Comps

While Buckle reported a 1.1% increase in comparable store sales for the fourth quarter, monthly comps have not been so impressive. Over the last five months, BKE’s monthly comps have been mostly negative.

Month	Comps
February	-2.7%
January	+0.8%
December	+2.5%
November	-1%
October	-4.4%

Stock Performance

While BKE’s shares are not collapsing like some of its apparel retail peers, the company has failed to perform in-line with the sector as a whole. In the last 12 months, shares of BKE have increased about 6%, while the retail industry has gained over 15%.

Mutual Funds to Watch

Investors interested in BKE may be interested in the funds listed below. These funds currently have the largest stakes in the company:

Symbol	Mutual Fund	Stake
RYPRX	Royce Premier Invmt	3.56%
RYSEX	Royce Special Equity Invmt	3.54%
PENNX	Royce Pennsylvania Mutual Invmt	1.88%

The Bottom Line

The funds listed above allow investors to gain exposure to BKE while remaining diversified. Investors interested in BKE may also be interested in The Gap (GPS) or L Brands (LB).

If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.