| Business Summary | | The
Buckle,
Inc.
is
a
retailer
of
medium-
to
better-priced
casual
apparel,
footwear
and
accessories
for
young
men
and
women,
ages
12
to
24.
As
of
February
3,
2001,
the
Company
operated
274
retail
stores
in
36
states
throughout
the
central
United
States,
as
well
as
in
the
northwest
and
southwestern
states,
under
the
names
"Buckle"
and
"The
Buckle."
The
Company
markets
a
wide
selection
of
mostly
brand
name
casual
apparel,
including
denims,
other
casual
bottoms,
tops,
sportswear,
outerwear,
accessories
and
footwear.
The
Company
also
offers
specialized
services
such
as
free
alterations,
free
gift
wrapping,
layaways,
a
special
order
system
that
allows
stores
to
obtain
specifically
requested
merchandise
from
other
Company
stores,
a
frequent
shopper
card
and
The
Buckle
private-label
credit
card.
The
Company's
layaway
plan
allows
customers
to
make
a
partial
payment
on
merchandise
that
is
then
held
by
the
store
until
the
balance
is
paid. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Buckle,
Inc.
is
a
retailer
of
medium-to
better-priced
casual
apparel
for
young
men
and
women.
As
of
3/01,
the
Company
operated
274
stores
in
36
states
throughout
the
central
United
States
under
the
names
Brass
Buckle
and
The
Buckle.
For
the
13
weeks
ended
5/5/01,
net
sales
fell
3%
to
$76.4
million.
Net
income
before
accounting
change
fell
13%
to
$4.2
million.
Results
reflect
lower
comparable
store
sales,
higher
occupancy
costs
and
increased
salaries
expense. Recent Earnings Announcement For
the
13
weeks
ended
08/04/2001,
revenues
were
78,596;
after
tax
earnings
were
3,909. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Daniel Hirschfeld, 59 Chairman | -- | Dennis Nelson, 51 Pres,
CEO | $1.3M | Karen Rhoads, 42 CFO,
VP-Fin., Treasurer, Director | -- | Brett Milkie, 41 VP
of Leasing | 297K | Vickie Hansen, 46 Regional
Sales Mang. | -- | Dollar amounts are as of 29-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|