8-K

BUCKLE INC (BKE)

8-K 2021-10-07 For: 2021-10-07
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Added on April 04, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

October 7, 2021

Date of Report (date of earliest event reported)

THE BUCKLE, INC.

(Exact name of Registrant as specified in its charter)

Nebraska 001-12951 47-0366193
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
2407 West 24th Street,
--- --- ---
Kearney, Nebraska 68845-4915
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code:  (308) 236-8491

__________________________________________________________

(Former name, former address and former fiscal year if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered
Common Stock, $0.01 par value BKE New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company      o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

ITEM 5.02.     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

On October 7, 2021, The Buckle, Inc. (the "Company") issued a press release announcing that Diane L. Applegate, Vice President of Supply Chain and Merchandising Operations, will retire from her position with the Company at the end of the current fiscal year. Ms. Applegate joined the Company in August 1983 and has served in various roles of increasing responsibility on the merchandise operations and e-commerce/distribution teams. She was appointed to her current position in December 2014.

The full text of the press release is furnished as Exhibit 99.1 to this report.

ITEM 9.01(d).     Exhibits

Exhibit 99.1    Press Release Dated October 7, 2021

Exhibit 104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

The Buckle, Inc.
Date: October 7, 2021 By: /s/  THOMAS B. HEACOCK
Name: Thomas B. Heacock
Title: Senior Vice President of Finance,
Treasurer and Chief Financial Officer

EXHIBIT INDEX

Exhibit 99.1 Press Release Dated October 7, 2021
Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

Document

Exhibit 99.1

logo1811a05.jpg The Buckle, Inc.
2407 W. 24th St. Kearney, NE 68845
P.O. Box 1480 Kearney, NE 68848-1480
phone: 308-236-8491
fax: 308-236-4493
For Immediate Release: October 7, 2021 web: www.buckle.com
Contact: Thomas B. Heacock, Chief Financial Officer
--- ---
The Buckle, Inc.
(308) 236-8491

THE BUCKLE, INC. REPORTS SEPTEMBER 2021 NET SALES AND ANNOUNCES THE PLANNED RETIREMENT OF VICE PRESIDENT OF SUPPLY CHAIN AND MERCHANDISING OPERATIONS

KEARNEY, NE -- The Buckle, Inc. (NYSE: BKE) announced today that comparable store net sales, for stores open at least one year, for the 5-week period ended October 2, 2021 increased 17.8 percent from comparable store net sales for the 5-week period ended October 3, 2020. Net sales for the 5-week fiscal month ended October 2, 2021 increased 17.3 percent to $111.2 million from net sales of $94.9 million for the prior year 5-week fiscal month ended October 3, 2020.

Comparable store net sales year-to-date for the 35-week period ended October 2, 2021 increased 61.8 percent from comparable store net sales for the 35-week period ended October 3, 2020. Net sales for the 35-week fiscal period ended October 2, 2021 increased 62.0 percent to $817.1 million from net sales of $504.4 million for the prior year 35-week fiscal period ended October 3, 2020.

The Company also announced today that Diane L. Applegate, Vice President of Supply Chain and Merchandising Operations, will retire from her position with the Company at the end of the current fiscal year. Ms. Applegate joined the Company in August 1983 and has served in various roles of increasing responsibility on the merchandise operations and e-commerce/distribution teams. She was appointed to her current position in December 2014. Dennis H. Nelson, President and Chief Executive Officer, commented “I would like to thank Diane for her 38 years of dedicated service to Buckle, her outstanding teamwork, and the impact she has had across so many aspects of Buckle’s operations.”

About Buckle

Offering a unique mix of high-quality, on-trend apparel, accessories, and footwear, Buckle caters to fashion-conscious young men and women. Known as a denim destination, each store carries a wide selection of fits, styles, and finishes from leading denim brands, including the Company’s exclusive brand, BKE. Headquartered in Kearney, Nebraska, Buckle currently operates 442 retail stores in 42 states compared to 446 stores in 42 states as of October 7, 2020.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: All forward-looking statements made by the Company 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. The Company does not undertake to publicly update or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

News releases and other information about The Buckle, Inc., can be

found on the Internet at www.buckle.com