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The Buckle Q1 profit, sales rise
Kearney, Neb. -- The Buckle reported Thursday that net income for the first quarter rose to $33.5 million, compared with $30.1 million in the year-ago period.
Sales in the quarter ended April 30, 2011, increased 11.8% to $240.1 million. Same-store sales rose 8.1%. Online sales (which are not included in comparable store sales) increased 18.6% to $17.1 million.
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Wet Seal profit soars in Q1
Foothill Ranch, Calif. -- The Wet Seal reported Thursday that net income for the quarter ended April 30 rose to $8 million, compared with $3.1 million a year earlier.
Revenue rose to $156 million from $137.8 million. Same-store sales increased 7%.
Wet Seal said it expects eight net new store openings in 2011, with six net openings at Wet Seal and two at Arden B.