Buckle, Inc. (The) Common Stock (BKE)

Buckle, Inc. (BKE) shares down in premarket after reporting Q1 results. Beats EPS estimates, with sales up 3.7% and online sales up 4.5%.

U.S. stock futures were fluctuating on Friday after a mixed close on Thursday. Futures of benchmark indices were mixed in premarket.

Exploring BUCKLE INC/THE (NYSE:BKE)'s quality characteristics.

Examining the Quality Attributes of NYSE:BKE.

Let’s dive into BUCKLE INC/THE (NYSE:BKE) using Peter Lynch’s key investing principles, from earnings growth and debt levels to long-term scalability and valuation.

Buckle reported a 0.8% sales decline to $379.20 million in Q4, surpassing analyst expectations. EPS of $1.53 beat the estimate of $1.44. Comparable store sales rose 3.9%, while online sales grew by 6.4%.

Why the quality investor may take a look at BUCKLE INC/THE (NYSE:BKE).

Examining the Quality Attributes of NYSE:BKE.

As the holiday season approaches, investors may want to consider adding apparel and clothing retailer stocks to their portfolios. 

Federal Reserve Chairman Jerome Powell has dispelled any remaining uncertainty by signaling that the central bank is preparing to shift its monetary policy, effectively paving the way for imminent interest rate cuts.

Buckle reported second-quarter earnings per share of 78 cents, missing the street view of 80 cents. Quarterly decreased 3.4% to $282.4 million, beating the analyst consensus of $272.4 million.

Traders apparently are baking in expectations that Federal Reserve Chairman Jerome Powell will confirm at Jackson Hole that a rate cut is forthcoming.

GameStop stock has done well this year, and that’s enabled it to raise a ton of cash. That makes it the better of two “Roaring Kitty” stocks.