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Buckle says key sales figure fell in May

Teen retailer Buckle says sales at stores open at least a year fell; misses expectations

Associated Press

KEARNEY, Neb. (AP) -- The retailer Buckle reported a surprise 3.1 percent drop in comparable-store sales for May.

Analysts polled by Thomson Reuters had been projecting an increase of 0.3 percent

Sales at stores open at least a year is considered a key indicator of a retailer's financial health because it strips away the volatility of recently opened or closed locations.

The Buckle Inc., which is based in Kearney, sells clothing, accessories and footwear at its 453 stores around the country.