Reported Q: Q3 2024 Rev YoY: +11.9% EPS YoY: +27.1% Move: -0.47%
The Buckle Inc
0HQ7.L
$52.12 -0.47%
Exchange LSE Sector Consumer Cyclical Industry Apparel Retail
Q3 2024
Published: Dec 12, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for 0HQ7.L

Reported

Report Date

Dec 12, 2024

Quarter Q3 2024

Revenue

293.62M

YoY: +11.9%

EPS

0.88

YoY: +27.1%

Market Move

-0.47%

Previous quarter: Q2 2024

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Earnings Highlights

  • Revenue of $293.62M up 11.9% year-over-year
  • EPS of $0.88 increased by 27.1% from previous year
  • Gross margin of 47.7%
  • Net income of 44.17M
  • "N/A" - N/A
0HQ7.L
Company 0HQ7.L

Executive Summary

The Buckle Inc delivered a robust QQ3 2024 performance, highlighted by a 11.86% year-over-year revenue increase to $293.6 million and a 47.70% gross margin. Operating income rose to $54.48 million with an 18.56% operating margin, driving net income to $44.17 million and EPS of $0.89 (diluted $0.88). The company generated $43.75 million of operating cash flow and $33.60 million in free cash flow, ending the quarter with $302.0 million in cash and cash equivalents and a net debt position of roughly $22.9 million. Balance sheet strength is underscored by a current ratio of 2.37 and a quick ratio of 1.67, with modest leverage (debt/total capitalization around 39.9%). The quarter also reflects disciplined working capital management, with inventory turnover near 1.03x and a cash conversion cycle of ~50 days. Management commentary (where available) was not transcribed in the provided data; however, the financials imply continued margin discipline and cash generation. Looking ahead, the business appears positioned to sustain modest revenue growth and margin resilience, subject to consumer spending dynamics and competitive promotional environments. The valuation metrics imply a reasonable multiple given the steady cash flow generation and dividend payout, though external macro headwinds should be monitored.

Key Performance Indicators

Revenue
Increasing
293.62M
QoQ: 3.98% | YoY: 11.86%
Gross Profit
Increasing
140.07M
47.71% margin
QoQ: 5.69% | YoY: 16.05%
Operating Income
Increasing
54.48M
QoQ: 12.89% | YoY: 28.51%
Net Income
Increasing
44.17M
QoQ: 12.53% | YoY: 26.77%
EPS
Increasing
0.89
QoQ: 12.66% | YoY: 27.14%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 305.74 0.89 +8.3% View
Q1 2025 272.12 0.70 -3.6% View
Q4 2024 379.20 1.53 +44.5% View
Q3 2024 293.62 0.88 +11.9% View
Q2 2024 282.39 0.78 -26.2% View