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Buckle posts Q2 profit, misses Street
Kearney, Neb. -- Buckle Inc. reported a profit of $24.5 million in the second quarter, missing Wall Street estimates.
Quarterly revenue, however, beat analysts’ projections, as the teen apparel retailer posted revenue of $235.7 million in the period. Wall Street expected $234.2 million.
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Children’s Place narrows loss in Q2; to expand into India
Secaucus, N.J. -- The Children's Place, Inc. reported a loss of $10.7 million in the quarter ended Aug. 2, compared to a loss of $23.6 million in the year-ago period. Sales edged up to $384.6 million, from $382.4 million for second quarter 2013.
Same-store sales increased 0.8%.