Men's Merchandise Powers The Buckle's Latest Results
Jeans-focused fashion retailer The Buckle (NYSE: BKE) enjoyed one of its best trading days in years following the release of the company's fiscal third-quarter earnings on Nov. 22. Shares rose 20.5% as the company's top line and profit margins didn't buckle, but exhibited surprising progress.
As I've recently discussed, the denim specialist is an overlooked retail story that should appeal to risk-tolerant income investors, as well as value seekers. Below, let's review the quarter as well as specific factors that catalyzed investors' enthusiasm on Friday. (Note that all comparative numbers in the following discussion refer to those of the prior-year quarter.)
Data source: The Buckle.
Source Fool.com
