The Buckle, Inc. (NYSE:BKE) announced today that net income for the fiscal quarter ended August 1, 2026 was $44.4 million, or $0.88 per share ($0.87 per share on a diluted basis).

Net sales for the 13-week fiscal quarter ended August 1, 2026 increased 4.6 percent to $319.8 million from net sales of $305.7 million for the prior year 13-week fiscal quarter ended August 2, 2025. Comparable store net sales for the 13-week fiscal quarter ended August 1, 2026 increased 2.1 percent from comparable store net sales for the prior year 13-week period ended August 2, 2025. Online sales increased 2.3 percent to $44.6 million for the 13-week fiscal quarter ended August 1, 2026, compared to net sales of $43.6 million for the 13-week fiscal quarter ended August 2, 2025.

Net sales for the 26-week fiscal period ended August 1, 2026 increased 5.3 percent to $608.6 million from net sales of $577.9 million for the prior year 26-week fiscal period ended August 2, 2025. Comparable store net sales for the 26-week period ended August 1, 2026 increased 3.5 percent from comparable store net sales for the prior year 26-week period ended August 2, 2025. Online sales increased 2.5 percent to $92.2 million for the 26-week period ended August 1, 2026, compared to net sales of $90.0 million for the 26-week period ended August 2, 2025.

Net income for the second quarter of fiscal 2026 was $44.4 million, or $0.88 per share ($0.87 per share on a diluted basis), compared with net income of $45.0 million, or $0.90 per share ($0.89 per share on a diluted basis) for the second quarter of fiscal 2025.

Net income for the 26-week fiscal period ended August 1, 2026 was $91.3 million, or $1.80 per share ($1.79 per share on a diluted basis), compared with net income of $80.2 million, or $1.60 per share ($1.59 per share on a diluted basis) for the 26-week period ended August 2, 2025.

Management will hold a live audio webcast at 10:00 a.m. EDT today to discuss results for the quarter. To register for the live event, please visit https://buckle.zoom.us/webinar/register/WN_RBdzPiI-RaGJ8MZl7H1VRA. A replay of the event can be accessed through Buckle’s investor relations website within twenty-four hours after the conclusion of the live event (https://corporate.buckle.com/investor-relations/events).

About Buckle

Buckle is a specialty retailer focused on delivering exceptional service and style through unforgettable experiences. Offering a curated mix of high-quality, on-trend apparel, accessories, and footwear, Buckle is for those living the styled life. Known as a denim destination, each store carries a wide selection of fits, styles, and finishes from leading denim brands, including the Company’s exclusive brand, BKE. Headquartered in Kearney, Nebraska, Buckle currently operates 447 retail stores in 42 states. As of the end of the fiscal quarter, it operated 446 stores in 42 states compared with 440 stores in 42 states at the end of the second quarter of fiscal 2025.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: All forward-looking statements made by the Company involve material risks and uncertainties and are subject to change based on factors which may be beyond the Company’s control. Accordingly, the Company’s future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such factors include, but are not limited to, those described in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

Note: News releases and other information on The Buckle, Inc. can be accessed at www.buckle.com.

Financial Tables to Follow

THE BUCKLE, INC. CONSOLIDATED STATEMENTS OF INCOME (Amounts in Thousands Except Per Share Amounts) (Unaudited)


	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	August 1, 2026		August 2, 2025		August 1, 2026		August 2, 2025

SALES, Net of returns and allowances	$	319,816	$	305,737	$	608,551	$	577,858

COST OF SALES (Including buying, distribution, and occupancy costs)		166,795		160,728		322,054		305,873

Gross profit		153,021		145,009		286,497		271,985

OPERATING EXPENSES:
Selling		81,231		73,900		136,447		141,099
General and administrative		15,988		14,768		34,795		30,999
		97,219		88,668		171,242		172,098

INCOME FROM OPERATIONS		55,802		56,341		115,255		99,887

OTHER INCOME, Net		3,019		3,270		5,662		6,337

INCOME BEFORE INCOME TAXES		58,821		59,611		120,917		106,224

INCOME TAX EXPENSE		14,411		14,605		29,625		26,025

NET INCOME	$	44,410	$	45,006	$	91,292	$	80,199


EARNINGS PER SHARE:
Basic	$	0.88	$	0.90	$	1.80	$	1.60

Diluted	$	0.87	$	0.89	$	1.79	$	1.59

Basic weighted average shares		50,619		50,199		50,619		50,199
Diluted weighted average shares		51,007		50,627		51,001		50,584

THE BUCKLE, INC. CONSOLIDATED BALANCE SHEETS (Amounts in Thousands Except Share and Per Share Amounts) (Unaudited)


ASSETS	August 1, 2026			January 31, 2026 (1)			August 2, 2025

CURRENT ASSETS:
Cash and cash equivalents	$	264,778		$	249,461		$	297,811
Short-term investments		22,402			24,698			22,118
Receivables		9,936			10,980			7,704
Inventory		161,403			139,504			142,486
Prepaid expenses and other assets		23,727			23,235			23,183
Total current assets		482,246			447,878			493,302

PROPERTY AND EQUIPMENT		558,982			523,002			527,716
Less accumulated depreciation and amortization		(367,241	)		(360,556	)		(368,933	)
		191,741			162,446			158,783

OPERATING LEASE RIGHT-OF-USE ASSETS		373,937			339,687			334,703
LONG-TERM INVESTMENTS		35,729			32,393			29,630
OTHER ASSETS		11,054			8,875			12,214

Total assets	$	1,094,707		$	991,279		$	1,028,632

LIABILITIES AND STOCKHOLDERS’ EQUITY

CURRENT LIABILITIES:
Accounts payable	$	73,198		$	47,749		$	72,630
Accrued employee compensation		33,010			54,960			30,030
Accrued store operating expenses		29,957			20,072			28,087
Gift certificates redeemable		13,512			17,237			13,582
Current portion of operating lease liabilities		81,814			85,877			82,489
Income taxes payable		—			10,810			2,736
Total current liabilities		231,491			236,705			229,554

DEFERRED COMPENSATION		34,697			31,994			29,630
NON-CURRENT OPERATING LEASE LIABILITIES		339,567			297,937			293,293
Total liabilities		605,755			566,636			552,477

COMMITMENTS

STOCKHOLDERS’ EQUITY:
Common stock, authorized 100,000,000 shares of $.01 par value; issued and outstanding; 51,515,996 shares at August 1, 2026, 51,156,626 shares at January 31, 2026, and 51,156,626 shares at August 2, 2025		515			512			512
Additional paid-in capital		231,074			221,998			213,775
Retained earnings		257,363			202,133			261,868
Total stockholders’ equity		488,952			424,643			476,155

Total liabilities and stockholders’ equity	$	1,094,707		$	991,279		$	1,028,632

(1) Derived from audited financial statements.

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Thomas B. Heacock, Chief Financial Officer

The Buckle, Inc.

(308) 236-8491