Filing Flows › Buckle (BKE) › Q1 FY27 › vs Q4 FY26
Buckle (BKE) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Buckle's revenue fell $110M (-28%) from $399M in Q4 FY26 to $289M in Q1 FY27. Gross margin 46.2% against 52.6% (-6.4 pts).
Buckle, Q1 FY27: revenue $289M (+6% year over year), operating margin 20.6%, net earnings $46.9M, operating cash flow $49.3M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 46.2% | 52.6% | -6.4 pts |
| Operating margin | 20.6% | 25.2% | -4.6 pts |
| Net margin | 16.2% | 20.3% | -4.0 pts |
| Free cash flow margin | 12.0% | 25.4% | -13.4 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $289M | $399M | −$110M | -28% |
| Gross profit | $133M | $210M | −$76.5M | -36% |
| Cost of revenue | $155M | $189M | −$33.9M | -18% |
| Other income, net | $2.6M | $4.7M | −$2.1M | -44% |
| Operating profit | $59.5M | $101M | −$41.2M | -41% |
| Operating expenses | $74.0M | $109M | −$35.3M | -32% |
| Pre-tax earnings | $62.1M | $105M | −$43.3M | -41% |
| Sales & marketing | $55.2M | $89.8M | −$34.6M | -39% |
| General & admin | $18.8M | $19.5M | −$678K | -3% |
| Net earnings | $46.9M | $80.8M | −$34.0M | -42% |
| Income tax | $15.2M | $24.5M | −$9.3M | -38% |
| Depreciation | $6.5M | $7.2M | −$785K | -11% |
| Working capital & other | $4.0M | −$24.2M | $28.2M | — |
| Operating cash flow | $49.3M | $112M | −$63.0M | -56% |
| Free cash flow (OCF − capex) | $34.7M | $101M | −$66.8M | -66% |
| Capital expenditures | $14.7M | $10.9M | $3.8M | +35% |
Questions
How much did Buckle's revenue grow quarter over quarter in Q1 FY27?
Buckle's revenue fell $110M (-28%) from $399M in Q4 FY26 to $289M in Q1 FY27. Gross margin 46.2% against 52.6% (-6.4 pts).