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THE BUCKLE, INC. REPORTS YEAR-END NET PROFITS UP 53.3 PERCENT ON A 30.2-PERCENT SALES INCREASE

 KEARNEY, Neb., March 9 /PRNewswire/ -- The Buckle, Inc. (NASDAQ-NMS: BKLE) today reported pro forma net income up 53.3 percent on a 30.2-percent sales increase for the fiscal year ended Jan. 30, 1993.
 For the 1992 fiscal year, pro forma net income rose to $7,466,000, or $1.13 per share, from $4,868,000, or 78 cents per share, in the 1991 fiscal year. Net income per share is based on 6,618,000 weighted average shares outstanding for the fiscal year ended Jan. 30, 1993, and 6,232,000 weighted average shares outstanding a year earlier.
 Net sales for fiscal 1992 increased 30.2 percent to $112,898,000 from $86,709,000 in fiscal 1991. Comparable store sales increased 10.2 percent.
 Pro forma net income for the fiscal 1992 fourth quarter rose 41.2 percent to $2,573,000, or 36 cents per share, on 7,228,000 average weighted shares outstanding from $1,822,000, or 29 cents per share, on 6,232,000 average weighted shares outstanding a year earlier.
 Net sales for the fourth quarter (13 weeks) ended Jan. 30, 1993, were up 30.8 percent to $34,217,000 from $26,165,000 in the fiscal 1991 fourth quarter. Comparable store sales increased 12.6 percent. In the fiscal 1992 fourth quarter the company operated 104 stores vs. 86 stores in the fiscal 1991 period.
 Headquartered in Kearney, The Buckle, Inc. is a retailer of casual apparel for young men and women, currently operating 109 stores in 18 states. The company's common shares are traded on the NASDAQ National Market System under the symbol BKLE.
 THE BUCKLE, INC.
 STATEMENTS OF INCOME
 (In thousands, except per-share data)
 13 Weeks Ended 52 Weeks Ended
 1/30/93 2/1/92 1/30/93 2/1/92
 Net sales $34,217 $26,165 $112,898 $86,709
 Cost of sales 22,101 17,252 74,593 58,333
 Gross profit 12,116 8,913 38,305 28,376
 Selling expenses 6,753 4,979 22,054 17,321
 General & administrative
 expenses 1,397 1,003 4,394 3,196
 Income from operations 3,966 2,931 11,857 7,859
 Other income 142 42 250 67
 Income before income taxes 4,108 2,973 12,107 7,926
 Pro forma income taxes(a) 1,535 1,151 4,641 3,058
 Pro forma net income(a) $2,573 $1,822 $7,466 $4,868
 Pro forma net income
 per share(a) $0.36 $0.29 $1.13 $0.78
 Average no. of shares
 outstanding 7,228 6,232 6,618 6,232
 (a) From Feb. 1, 1988, to May 2, 1992, the company elected to be taxed as an S Corporation, therefore the pro forma income taxes are based on estimated corporate income tax rates that would have been applied if it had been operating as a C Corporation.
 -0- 3/9/93
 /CONTACT: Daniel J. Hirschfeld, chairman and CEO, or Karen B. Rhoads, chief financial officer, The Buckle, Inc., 308-236-8491/
 (BKLE)


CO: The Buckle, Inc. ST: Nebraska IN: REA SU: ERN

JG-ML -- DE007 -- 4431 03/09/93 10:05 EST
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Date:Mar 9, 1993
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