=Buckle (BKE) reported earnings on Thur 18 May 17 (b/o)

Buckle beats by $0.01, misses on revs; Q1 comps -12.7%:

• Reports Q1 (Apr) earnings of $0.34 per share, $0.01 better than the two analyst estimate of $0.33; revenues fell 12.9% year/year to $212.2 mln vs the $216.42 mln Capital IQ Consensus.
• Comparable store net sales for the 13-week period ended April 29, 2017 decreased 12.7 percent from comparable store net sales for the prior year 13-week period ended April 30, 2016.
• Online sales decreased 7.2 percent to $21.8 million for the 13-week period ended April 29, 2017, compared to net sales of $23.5 million for the 13-week period ended April 30, 2016.
• The Company also announced today that Karen Rhoads, Senior Vice President of Finance and Chief Financial Officer, will retire from her current position with the Company later this summer. Ms. Rhoads will continue to serve as a member of the Company's Board of Directors. The Board of Directors has engaged an executive search firm to assist with the search for Ms. Rhoads' replacement. The firm will be reviewing both internal and external candidates.