| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 88 | 9.3x | 17.8x | Top tier | |
Growth | 30 | 6.2% | 7.1% | Bottom tier | |
Quality | 94 | 19.3% | 4.5% | Top tier | |
Safety | 62 | 1.8x | 2.6x | Around median | |
Capital Return | 60 | 10.74% | 2.12% | Around median | |
Momentum | 13 | -17.6% | 2.9% | Bottom tier | |
Sentiment | 34 | 2 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
The Buckle, Inc. is a retailer of apparel, accessories, and footwear that generates revenue through its store network and online sales platform. The company ended Q2 fiscal 2026 with 446 stores across 42 states, compared with 440 stores a year earlier, while online sales reached $44.6 million, up 2.3%. The women's business accounted for 50% of sales and the men's business accounted for 50%, while denim represented 35.5% and tops represented 30.5% of sales.
In Q2 fiscal 2026, net sales rose 4.6% to approximately $320 million, and comparable-store sales increased 2.1%. Net income was $44.4 million and diluted earnings per share were $0.87, compared with net income of $45 million and earnings per share of $0.89 in Q2 fiscal 2025. Earnings per share exceeded the analyst estimate of $0.81.
Gross margin was 47.8% in Q2 fiscal 2026, up 40 basis points, but operating margin declined to 17.4% from 18.4% as selling, general, and administrative expenses increased to 30.4% of sales from 29.0%. During the first 26 weeks of fiscal 2026, sales rose 5.3% to $609 million and net income increased to $91.3 million, while operating margin improved to 19.0% from 17.3%. Trailing-twelve-month data for fiscal 2026 show revenue of $1.3 billion, gross profit of $642.4 million, and net income of $221.4 million.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus on BKE is Neutral, with an average price target of $47 and identical high and low targets of $47, reflecting limited variation in the published estimates. The target is approximately 15.4% above the 52-week range low of $40.73 and approximately 23.8% below its high of $61.69; no published price-to-earnings ratio is available in the provided data to allow an additional comparison, while improving operating results provide some support for the valuation and the decline in operating margin and rise in inventory limit optimism.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
Net sales rose 4.6% to approximately $320 million, and comparable-store sales increased 2.1% in Q2 fiscal 2026. The women's business led growth with a 9.5% increase, including an 11% rise in women's denim and nearly 50% growth in alternative bottoms. Average unit retail also increased by approximately 4.5% and average transaction value rose by approximately 3.5%, despite an approximately 1% decline in units per transaction.
Gross margin increased 40 basis points to 47.8%, and merchandise margin improved by 110 basis points in Q2 fiscal 2026. Of this improvement, 65 basis points came from tariff refunds, while the underlying improvement after excluding them was 45 basis points, supported by private-label merchandise, full-price selling, and lower markdowns. Management said all expected refunds, totaling $2.5 million, had already been received and that only a small impact would carry into Q3 fiscal 2026.
The women's business grew 9.5% and represented 50% of sales in Q2 fiscal 2026, compared with a 47.5% share a year earlier. The men's business remained approximately flat and represented the other half of sales, with men's denim down 3.5% and men's tops up 3.5%. Within the women's business, the average denim price increased from $85.35 to $92.50, while alternative bottoms grew nearly 50%.
Buckle opened five stores, completed five full remodels, and closed one store during Q2 fiscal 2026. After the quarter ended, it opened an additional store, bringing the fiscal year-to-date total as of the call date to nine new stores, ten full remodels, and two closures, with five additional openings and four more remodels expected during the remainder of fiscal 2026. Capital expenditures totaled $44.5 million during the first 26 weeks, including $24.4 million for stores and technology upgrades and $20.1 million for the headquarters and distribution center, including the purchase of a replacement corporate aircraft.
Cash and investments totaled $323 million at the end of Q2 fiscal 2026, while net fixed assets were $192 million. In contrast, inventory increased 13.3% to $161 million, outpacing quarterly sales growth of 4.6%. Trailing-twelve-month data for fiscal 2026 show revenue of $1.3 billion, net income of $221.4 million, and earnings per share of approximately $4.34.
The analyst consensus is Neutral, with an average price target of $47 and identical high and low targets at the same level. This target lies between the 52-week range low of $40.73 and its high of $61.69 and is approximately 23.8% below the high. Earnings beats and growth in the women's business support the positive view, while the decline in operating margin to 17.4% and the 13.3% increase in inventory justify a degree of caution.
