The Buckle, Inc. Press Release Narrative for 5/8/2025

Our May 8, 2025 press release reported that comparable store sales, for stores open at least one full year, for the four-week period ended May 3, 2025, increased 6.1 percent in comparison to the prior year four-week period ended May 4, 2024. Total net sales for the four-week fiscal month increased 7.0 percent to $85.5 million compared to net sales of $79.9 million in the prior year four-week fiscal month ended May 4, 2024.

On the men's side of the business, total sales for the four-week fiscal period ended May 3, 2025 increased 2.0 percent in comparison to the prior year four-week period ended May 4, 2024. The men's business represented approximately 51.5 percent of total sales for the month, versus approximately 53.5 percent for the same period in the prior year. For the fiscal month, overall price points on the men's side of the business were up about 0.5 percent.

On the women's side of the business, total sales for the four-week fiscal period ended May 3, 2025 increased 11.5 percent in comparison to the prior year four-week period ended May 4, 2024. The women's business represented approximately 48.5 percent of total sales for the month, versus approximately 46.5 percent in the same period a year ago. For the fiscal month, overall price points on the women's side of the business increased about 1.5 percent.

Within the men's and women's categories combined, accessory sales for the fiscal month increased approximately 7.5 percent in comparison to the prior year four-week period ended May 4, 2024, while footwear sales increased slightly. These two categories accounted for approximately 11.0 percent and 6.0 percent, respectively, of the current fiscal April net sales. This compares with approximately 11.0 percent and 6.5 percent, respectively, for each in the prior year. Average accessory price points for the month were up about 2.0 percent, and average footwear price points increased approximately 3.5 percent.

For the month, UPT's decreased slightly and the average transaction value increased about 0.5 percent compared to the prior year four-week period ended May 4, 2024.

Buckle currently operates 439 retail stores in 42 states, compared to 440 retail stores in 42 states as of May 8, 2024.

It is our Company policy not to provide any guidance on current sales or to project results for the next quarter. Additionally, any forward-looking statements made during this commentary involve material risks and uncertainties and are subject to change based on factors which may be beyond the Company's control. Accordingly, the Company's future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such factors include, but are not limited to, those described in the Company's filings with the Securities and Exchange Commission.