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Buckle's key revenue figure falls in September

Thursday, 4 Oct 2012 | 7:41 AM ET

KEARNEY, Neb. -- Buckle's September revenue at stores open at least a year dipped 0.8 percent, missing Wall Street's expectations.

Analysts predicted a 1 percent increase in the figure, according to a Thomson Reuters poll.

Revenue at stores open at least a year is a key indicator of a retailer's health because it excludes results from stores recently opened or closed.

Buckle Inc., a teen retailer, said Thursday that total revenue for the five weeks ended Sept. 29 climbed 0.8 percent to $99.1 million.

For the year to date, revenue at stores open at least a year climbed 3.1 percent while total revenue rose 5.1 percent to $679.2 million.

Buckle, based in Kearney, Neb., currently runs 440 stores in 43 states. The company sells denim and other clothes, accessories and shoes under several brands.

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