olivLaw · US equity research
The Buckle, Inc. BKE
Retail-Family Clothing Stores · SIC 5651 · Vertical: Retail-Family Clothing Stores (SIC 5651)
The Buckle, Inc. is a US retailer of casual apparel, footwear and accessories, with a focus on denim and personalized in-store service. In its latest fiscal year net sales reached 1.298 billion USD, and the company is continuing to grow through new store openings and remodels.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, The Buckle, Inc. (BKE) stock was 47.88 USD (+3.59% on the day), with market capitalisation 2.5 bn USD, P/E 11.0 on diluted EPS of 4.34 USD over the last 12 months, dividend yield 9.19%, beta 0.75, 52-week range 39.65–58.25 USD. Latest reported quarter (Q2 2027): revenue of 319.8 m USD (+4.6% YoY), net income of 44.4 m USD (−1.3% YoY), diluted EPS 0.87 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 62.5
- strong (55–70)
- Bollinger (20, 2)
- 43.58 – 48.47
- in the upper half of the band · %B 0.88 · band width 10.6%
- SMA 50 / 200
- 43.67 / 47.30
- mixed trend
- MACD (12, 26, 9)
- 0.97 / 0.97
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +10.2% | −1.1% | +11.3 pp | — |
| 3 months | +5.4% | −0.5% | +5.9 pp | — |
| 6 months | −12.2% | +4.4% | −16.6 pp | — |
| Year to date | −10.4% | +12.3% | −22.7 pp | — |
| 1 year | −13.1% | +13.5% | −26.7 pp | −4.7% |
| 3 years | +32.9% | +76.4% | −43.5 pp | +44.3% |
| 5 years | −1.2% | +63.7% | −64.8 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2027 · 01 Aug 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 293.6 m | 379.2 m | 272.1 m | 305.7 m | 320.8 m | 399.1 m | 288.7 m | 319.8 m |
| Cost of revenue | 153.5 m | 179.7 m | 145.1 m | 160.7 m | 166.9 m | 189.2 m | 155.3 m | 166.8 m |
| Gross profit | 140.1 m | 199.5 m | 127.0 m | 145.0 m | 153.9 m | 210.0 m | 133.5 m | 153.0 m |
| SG&A | 85.6 m | 103.3 m | 83.4 m | 88.7 m | 93.0 m | 109.3 m | 74.0 m | 97.2 m |
| Operating income | 54.5 m | 96.2 m | 43.5 m | 56.3 m | 60.9 m | 100.6 m | 59.5 m | 55.8 m |
| Pre-tax income | 58.5 m | 101.1 m | 46.6 m | 59.6 m | 64.5 m | 105.4 m | 62.1 m | 58.8 m |
| Income tax | 14.3 m | 23.9 m | 11.4 m | 14.6 m | 15.8 m | 24.5 m | 15.2 m | 14.4 m |
| Net income | 44.2 m | 77.2 m | 35.2 m | 45.0 m | 48.7 m | 80.8 m | 46.9 m | 44.4 m |
| Diluted EPS | 0.88 | 1.53 ≈ | 0.70 | 0.89 | 0.96 | 1.59 ≈ | 0.92 | 0.87 |
| Operating cash flow | 43.8 m ≈ | 120.8 m | 31.0 m | 58.4 m ≈ | 49.4 m ≈ | 112.3 m | 49.3 m | 46.7 m ≈ |
| Capex | 10.2 m ≈ | 9.8 m | 11.4 m | 12.0 m ≈ | 11.1 m ≈ | 10.9 m | 14.7 m | 29.9 m ≈ |
| Dividends paid | 17.8 m ≈ | 144.7 m | 17.9 m | 17.9 m ≈ | 17.9 m ≈ | 171.4 m | 18.0 m | 18.0 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 78 percentile of its own 40-quarter history (min 5.9, median 10.0, max 14.8; quarters with earnings only).
Fiscal years
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 885.5 m | 900.3 m | 901.3 m | 1.3 bn | 1.3 bn | 1.3 bn | 1.2 bn | 1.3 bn |
| Revenue YoY | −3.1% | +1.7% | +0.1% | +43.6% | +3.9% | −6.3% | −3.4% | +6.6% |
| Net income | 95.6 m | 104.4 m | 130.1 m | 254.8 m | 254.6 m | 219.9 m | 195.5 m | 209.7 m |
| Net income YoY | +6.6% | +9.2% | +24.6% | +95.8% | −0.1% | −13.6% | −11.1% | +7.3% |
| Diluted EPS | 1.97 | 2.14 | 2.66 | 5.16 | 5.13 | 4.40 | 3.89 | 4.14 |
| Diluted EPS YoY | +6.5% | +8.6% | +24.3% | +94.0% | −0.6% | −14.2% | −11.6% | +6.4% |
| net % | 10.8% | 11.6% | 14.4% | 19.7% | 18.9% | 17.4% | 16.1% | 16.2% |
| Free cash flow | 98.7 m | 123.3 m | 219.8 m | 292.7 m | 212.0 m | 217.4 m | 199.7 m | 205.8 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2026 · 31 Jan 2026
- Cash
- 249.5 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 424.6 m USD
- Total assets
- 991.3 m USD
- Debt / equity
- unavailable
- Current ratio
- 1.89x
- ROE
- 49.4%
- ROA
- 22.0%
- FCF margin
- 15.9%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 901.3 m | 1.3 bn | 1.3 bn | 1.3 bn | 1.2 bn | 1.3 bn | SEC (XBRL)· 01 Apr 2026verified |
| Cost of revenue | 500.6 m | 641.6 m | 669.2 m | 642.0 m | 624.9 m | 662.0 m | SEC (XBRL)· 01 Apr 2026verified |
| Gross profit | 400.7 m | 653.0 m | 676.0 m | 619.1 m | 592.8 m | 635.9 m | SEC (XBRL)· 01 Apr 2026verified |
| SG&A | 232.6 m | 317.5 m | 347.9 m | 348.0 m | 351.4 m | 374.4 m | SEC (XBRL)· 01 Apr 2026verified |
| Operating income | 168.0 m | 335.5 m | 328.1 m | 271.1 m | 241.4 m | 261.4 m | SEC (XBRL)· 01 Apr 2026verified |
| Pre-tax income | 170.9 m | 337.8 m | 335.1 m | 289.2 m | 257.8 m | 276.1 m | SEC (XBRL)· 01 Apr 2026verified |
| Income tax | 40.8 m | 82.9 m | 80.4 m | 69.3 m | 62.3 m | 66.4 m | SEC (XBRL)· 01 Apr 2026verified |
| Net income | 130.1 m | 254.8 m | 254.6 m | 219.9 m | 195.5 m | 209.7 m | SEC (XBRL)· 01 Apr 2026verified |
| Diluted EPS | 2.66 | 5.16 | 5.13 | 4.40 | 3.89 | 4.14 | SEC (XBRL)· 01 Apr 2026verified |
| Weighted average diluted shares | 49.0 m | 49.4 m | 49.6 m | 50.0 m | 50.3 m | 50.7 m | SEC (XBRL)· 01 Apr 2026verified |
| Dividend per share | 2.60 | 6.99 | 4.05 | 3.90 | 3.90 | 4.40 | SEC (XBRL)· 01 Apr 2026verified |
Balance sheet · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 318.8 m | 254.0 m | 252.1 m | 268.2 m | 266.9 m | 249.5 m | SEC (XBRL)· 01 Apr 2026verified |
| Inventories | 101.1 m | 102.1 m | 125.1 m | 126.3 m | 120.8 m | 139.5 m | SEC (XBRL)· 01 Apr 2026verified |
| Current assets | 437.2 m | 391.2 m | 423.3 m | 444.3 m | 439.2 m | 447.9 m | SEC (XBRL)· 01 Apr 2026verified |
| Property, plant & equipment, net | 100.4 m | 100.5 m | 112.4 m | 128.8 m | 145.8 m | 162.4 m | SEC (XBRL)· 01 Apr 2026verified |
| Total assets | 845.8 m | 780.9 m | 837.6 m | 889.8 m | 913.2 m | 991.3 m | SEC (XBRL)· 01 Apr 2026verified |
| Accounts payable | 43.4 m | 60.0 m | 44.8 m | 46.0 m | 46.0 m | 47.7 m | SEC (XBRL)· 01 Apr 2026verified |
| Current liabilities | 206.4 m | 248.5 m | 226.0 m | 221.5 m | 213.9 m | 236.7 m | SEC (XBRL)· 01 Apr 2026verified |
| Total liabilities | 449.2 m | 468.0 m | 461.3 m | 476.6 m | 489.4 m | 566.6 m | SEC (XBRL)· 01 Apr 2026verified |
| Equity | 396.6 m † | 312.9 m † | 376.3 m † | 413.2 m † | 423.8 m † | 424.6 m † | SEC (XBRL)· 01 Apr 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 227.4 m | 311.8 m | 242.4 m | 254.6 m | 242.0 m | 251.1 m | SEC (XBRL)· 01 Apr 2026verified |
| Capex | 7.7 m | 19.1 m | 30.4 m | 37.3 m | 42.3 m | 45.4 m | SEC (XBRL)· 01 Apr 2026verified |
| Free cash flow | 219.8 m ≈ | 292.7 m ≈ | 212.0 m ≈ | 217.4 m ≈ | 199.7 m ≈ | 205.8 m ≈ | SEC (XBRL)· 01 Apr 2026derived |
| Investing cash flow | -768.0 k | -28.8 m | -41.4 m | -41.8 m | -45.3 m | -43.5 m | SEC (XBRL)· 01 Apr 2026verified |
| Financing cash flow | -128.8 m | -347.8 m | -202.9 m | -196.7 m | -198.0 m | -225.1 m | SEC (XBRL)· 01 Apr 2026verified |
| Dividends paid | 128.5 m | 347.8 m | 202.9 m | 196.7 m | 198.0 m | 225.1 m | SEC (XBRL)· 01 Apr 2026verified |
| Share repurchases | 372.0 k | 0 | 0 | — | — | — | SEC (XBRL)· 29 Mar 2023verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 56 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 2.5 bn USD
Key indicators
Coverage and freshness
Score by group
- Valuation75
- Balance sheet100
- Quality85
- Growth0
- Returns61
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 39.11 – 89.86 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E39.11 – 89.86 (Mid 62.07)7 companies used · median multiple 14.3x · quartiles 9.0x – 20.7xAEO, ANF, GAP, LE, ROST, TJX, URBN
- Dividend discount (DDM)57.82 – 77.76 (Mid 66.32)
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 56/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 16.6% | 89 (vs peers) | 10% |
| FCF conversion · Quality | 86.6% | 81 (on a fixed band) | 10% |
| Revenue CAGR 3Y · Growth | -1.2% | 0 (on a fixed band) | 13% |
| EPS CAGR 3Y · Growth | -6.9% | 0 (on a fixed band) | 13% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 2.1x | 100 (on a fixed band) | 7% |
| P/E (TTM) · Valuation | 11.0x | 57 (vs peers) | 17% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 7.8% | 97 (on a fixed band) | 13% |
| Shareholder yield (distributions) · Returns | 9.1% | 100 (on a fixed band) | 10% |
| Payout ratio (FCF) · Returns | 117.8% | 3 (on a fixed band) | 7% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial100/100 · 1/3 factors with a value
- Growth0/100 · 2/2 factors with a value
- Quality85/100 · 2/3 factors with a value
- Returns61/100 · 2/2 factors with a value
- Valuation75/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
BUCKLE, INC (BKE). Latest full fiscal year: 2026; data up to 2026-08-01.
Figures computed from the financial statements: revenue 1.3 bn USD in 2026; YoY growth 6.6%; net margin 16.6%; ROE 45.8%.
The estimated value range is 48.47–83.81 USD per share (median of 2 methods, agreement: high); assumptions are illustrative. Against the central value of 64.20 USD, the price of 47.88 USD leaves a potential of 34.1% (value / price − 1) and a margin of safety of 25.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 56/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net margin: 16.6%
- FCF conversion: 86.6%
- Current ratio: 2.1x
- FCF yield: 7.8%
- Shareholder yield (distributions): 9.1%
- The price is below the estimated value range
What contradicts it
- Revenue CAGR 3Y: -1.2%
- EPS CAGR 3Y: -6.9%
- Payout ratio (FCF): 117.8%
Not assessed (insufficient data or a ratio without meaning): ROIC, Net debt / EBITDA, Interest coverage, EV/EBITDA.
Versus the vertical median
Retail-Family Clothing Stores (SIC 5651) · same industry (4-digit SIC) · compared with 9 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| TJXThe TJX Companies, Inc. | 159.2 bn | 26.8 | 62.2% | 9.7% | +7.1% | −5% / +64% |
| ROSTRoss Stores, Inc. | 78.5 bn | 29.7 | 42.6% | 10.8% | +7.7% | +39% / +88% |
| GAPGap, Inc | 8.3 bn | 7.1 | 33.8% | 8.1% | +1.9% | −12% / +18% |
| URBNUrban Outfitters, Inc. | 7.9 bn | 14.3 | 20.9% | 8.8% | +11.1% | +24% / +157% |
| ANFAbercrombie & Fitch Co. | 7.3 bn | 14.7 | 40.5% | 10.0% | +6.4% | +75% / +125% |
| AEOAmerican Eagle Outfitters, Inc. | 3.6 bn | 10.9 | 20.4% | 5.9% | +4.1% | +5% / +12% |
| BKEBuckle, Inc | 2.5 bn | 11.0 | 45.8% | 16.6% | +6.6% | −13% / +33% |
| LELands’ End, Inc. | 301.1 m | 0.9 | 97.9% | 30.5% | +0.7% | −35% / +44% |
| DXLGDestination Xl Group, Inc. | 27.1 m | — | -30.6% | -8.8% | −6.9% | −50% / −87% |
| PLCEThe Children’s Place, Inc. | 5.4 m | — | — | -11.8% | −12.8% | −97% / −99% |
1- and 3-year price returns: for BKE from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 26.37 Total return -38% · Per year -38% | 46.76 Total return 7% · Per year 7% | 70.62 Total return 58% · Per year 58% |
| 3 years | 22.75 Total return -34% · Per year -13% | 45.66 Total return 22% · Per year 7% | 76.11 Total return 92% · Per year 24% |
| 5 years | 19.63 Total return -30% · Per year -7% | 44.58 Total return 36% · Per year 6% | 82.02 Total return 129% · Per year 18% |
- Exit P/E± 11.41
- Net margin± 7.99
- Annual revenue growth± 6.94
- Annual dilution± 0.67
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 21 Aug 2026; since then the company filed 10-Q (10 Sept 2026).
In brief
The Buckle, Inc. is a US retailer of casual apparel, footwear and accessories, with a focus on denim and personalized in-store service. In its latest fiscal year net sales reached 1.298 billion USD, and the company is continuing to grow through new store openings and remodels. 1
SWOT
Strengths
- The company has a recognized denim brand, a high share of exclusive brands and a rising gross margin. 1
- The financial position is solid, with cash and short and long-term investments and no bank borrowings at the end of fiscal 2025. 1
- Personalized services and the private label credit card loyalty program build lasting customer relationships. 1
Weaknesses
Opportunities
Risks
- Fashion sensitivityhigh
Success depends on anticipating customer tastes. Forecasting mistakes could reduce sales and damage brand image. 1
- Single distribution centerhigh
All stores are supplied from one center in Kearney. A disruption could affect distribution and sales. 1
- Reliance on foreign sourcesmedium
Part of the merchandise is made abroad without long-term supply contracts. Tariffs and trade restrictions could raise costs. 1
- Cybersecurity and data riskmedium
The company holds customer personal and payment data. A breach could create costs and affect its reputation. 1
- Expansion and store developmentlow
Growth depends on opening profitable stores. Unprofitable locations could reduce net earnings. 1
Investment thesis
What would need to be true (bull case)
- If comparable store sales keep growing and margins hold, the company could sustain solid cash flow for investment and dividends. 1
- Exclusive brands and a strong position in denim could support margins better than those of retailers reliant on third-party brands. 1
- If relocations and online integration succeed, the company could win back traffic lost from malls. 1
What would break the thesis
- If consumer spending slows, comparable sales could return to lower levels and profit could be hit. 1
- Dependence on a single distribution center and one major denim supplier could amplify operational shocks. 1
- If fashion trends shift quickly, the company could have to cut prices or carry slow-moving inventory. 1
What to watch
- Comparable store sales trendQ3 2026
- Delivery of the planned store openings and remodels2026
- Mix of branded and private label merchandise and gross marginnext 10-K
- Capital spending and operating cash flow trendsnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 21 Aug 2026; since then the company filed 10-Q (10 Sept 2026).
The business
Buckle sells medium to better-priced casual apparel, footwear and accessories for men, women and kids through 440 stores in 42 US states as of January 31, 2026, under the names 'Buckle' and 'Buckle Youth'. 1 Services include free hemming, free gift-packaging, a private label credit card and a guest loyalty program. 1 Purchasing, pricing and distribution are controlled centrally from Kearney, Nebraska, which hosts the only store distribution center. 1
The business model rests on a carefully selected assortment, well-known brands and an exclusive private label, which generally earns higher margins than branded products. 1 In fiscal 2025 brand name merchandise made up about 53% of net sales and private label about 47%. 1 Many stores have moved from enclosed malls to outdoor power and lifestyle centers, where the company sees room for growth. 1
Online sales rose 9.8% in fiscal 2025 to 217.1 million USD, showing a gradual integration of channels. 1 The company continues to invest in buckle.com and omni-channel capabilities. 1
Segments
Denim
Denim is the largest category at 42.5% of fiscal 2025 net sales and is the cornerstone of the merchandising strategy. 1 The company offers denim from brands such as Levi's, Wrangler and Rock Revival, as well as from its exclusive BKE brand. 1
Tops and accessories
Tops, including sweaters, are a significant contributor, while accessories have been steady over recent years and complete outfits. 1 The footwear share has declined over the last three years, pointing to a shift in product mix. 1
Online sales
E-commerce is a growing channel but remains smaller than physical stores. In the second quarter of fiscal 2026 online sales rose 2.3%, a slower pace than the prior year. 2
Market context
Specialty apparel retail is highly competitive, and companies compete on fashion, selection, quality, price, location and service. 1 For Buckle, consumer spending depends on disposable income, consumer confidence and inflation, and the company acknowledges that a decline in spending would hurt sales and profit. 1 The company's market share is not stated in the sources used.
Traffic in many traditional malls has declined because of online retail, pushing retailers to reorganize their store networks. 1 Buckle responds by moving stores into outdoor centers and integrating physical and digital channels. 1
Trends
- Growth in comparable store salestailwind
In the second quarter of fiscal 2026 comparable store net sales rose 2.1%, and 3.5% in the first half. 2 This supports revenue, but remains more modest than total sales growth. 2
- Changing shopping behaviormixed
Consumers increasingly shop online and change their shopping routines, which has reduced mall traffic. 1 If Buckle manages to integrate its channels, it could offset part of this pressure. 1
- Pressure on consumer spendingheadwind
Macroeconomic factors such as inflation, interest rates, consumer debt and geopolitical conflicts can reduce discretionary spending. 1 If these pressures intensify, demand for apparel could fall. 1
- Store relocationstailwind
Moving stores from malls to outdoor power and lifestyle centers has been successful, and the company plans to continue. 1 If this strategy stays effective, it could support visibility and sales in smaller and mid-sized markets. 1
Competitive position
Buckle competes in the specialty fashion retail segment, winning customers through selection, personalized service and the in-store experience. 1 Competition comes from both physical retailers and online platforms, which have changed buying habits. 1
The company differentiates itself through exclusive brands and services such as free alterations and its loyalty program. 1 Dependence on third-party brands and a small number of suppliers, including its main denim supplier, can limit negotiating flexibility. 1
- Mall and shopping center apparel retailers
Physical retailers selling similar casual apparel in the same shopping centers, as classified in the sources.
- E-commerce platforms
Online retailers that have reduced mall traffic and compete on convenience and price.
- Denim and footwear brands
Brand owners whose products Buckle sells, which may also sell directly to consumers.
- US specialty apparel retailers
Regional and national chains targeting the same 15 to 30 year old customer segment.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Ukraine calls on Europe to be more Baltic after EU sanctions buckleKyiv Independent (UA, EN) · 23 Sept 2026 · EN
- A new Fed tightening cycle may have just begun. If that’s the case, buckle upCNBC — Top News · 21 Sept 2026 · EN
- August Sales Figures Inspire Confidence in Buckle (BKE)Yahoo Finance — News · 17 Sept 2026 · EN
- Global bonds buckle as surging oil prices inflame inflation risksCNA (Channel NewsAsia) · 11 Sept 2026 · EN
- Growing bacteria line up single-file, then buckle in liquid crystalsPhys.org · 01 Sept 2026 · EN
- Buckle (BKE) Raised Prices as Units Per Transaction Fell. Is its 48% Gross Margin Sustainable?Yahoo Finance — News · 27 Aug 2026 · EN
- Buckle’s (BKE) Women’s Business Is Quietly Outrunning The Rest Of The StoreYahoo Finance — News · 27 Aug 2026 · EN
- Windows Server Update Services buckle under Microsoft's metadata mountainThe Register · 20 Jul 2026 · RO
- A House vote makes it clear: Israel’s support among Democrats is starting to buckleThe Guardian World · 16 Jul 2026 · RO
- Manhattan building sparks evacuations after two structural columns buckleThe Guardian World · 07 Jul 2026 · RO
- Mandelson criticised Starmer’s lack of ‘verve’ and tendency to buckle under pressureThe Guardian World · 01 Jun 2026 · RO
SEC filings
- Current report15 Sept 2026Other events · Financial statements and exhibits
- Quarterly report10 Sept 2026
- Current report31 Aug 2026Departure or appointment of officers · Financial statements and exhibits
- Current report21 Aug 2026Results of operations · Financial statements and exhibits
- Quarterly report11 Jun 2026
- Current report02 Jun 2026Shareholder vote · Other events · Financial statements and exhibits
- Current report29 May 2026Results of operations · Financial statements and exhibits
- Proxy statement22 Apr 2026
- Current report09 Apr 2026Departure or appointment of officers · Financial statements and exhibits
- Annual report01 Apr 2026
Sources
- [1] Form 10-K, fiscal year ended 2026-01-31 · SEC / The Buckle, Inc. · 01 Apr 2026
- [2] Form 8-K, results release (exhibit 99.1) · SEC / The Buckle, Inc. · 21 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.