Buckle Inc (BKE)

Gross profit margin

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Gross profit	US$ in thousands	592,787	619,065	619,065	676,003	676,003
Revenue	US$ in thousands	1,217,690	1,261,100	1,261,100	1,345,190	1,345,190
Gross profit margin		48.68%	49.09%	49.09%	50.25%	50.25%

January 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $592,787K ÷ $1,217,690K
= 48.68%

Based on the provided data, Buckle Inc's gross profit margin has shown moderate fluctuations over the past few years. In January 2023 and February 2023, the gross profit margin stood at 50.25%, indicating a healthy level of profitability. However, there was a slight decline to 49.09% in January and February 2024. This could suggest potential challenges in maintaining profitability or increased cost pressures during that period.

By January 2025, the gross profit margin further decreased to 48.68%, indicating a continued trend of lower profitability compared to the previous years. This downward trend may raise concerns about the company's ability to effectively manage costs or maintain pricing strategies to sustain profit margins.

Overall, while Buckle Inc's gross profit margin has remained relatively stable within a certain range, the recent decline towards 2025 suggests the need for the company to closely monitor and address factors impacting its profitability to ensure sustainable financial performance in the future.