Filing Flows › Buckle (BKE) › Q1 FY27
Buckle (BKE) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 11, 2026
Buckle (BKE) reported revenue of $289M for the first quarter fiscal 2027 (Q1 FY27), +6% from a year earlier and -28% from the quarter before. Operating margin was 20.6%, net earnings $46.9M (16.2% of revenue).
Buckle, Q1 FY27: revenue $289M (+6% year over year), operating margin 20.6%, net earnings $46.9M, operating cash flow $49.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $289M | -28% | +6% |
| Gross profit | $133M | -36% | +5% |
| Operating profit | $59.5M | -41% | +37% |
| Net earnings | $46.9M | -42% | +33% |
| Operating cash flow | $49.3M | -56% | +59% |
| Free cash flow | $34.7M | -66% | +77% |
What changed
Revenue was $288.7M in Q1 FY27, up 6% year over year and down 28% from the previous quarter.
Gross margin was 46.2%, down 0.4 points from Q1 FY26. Operating profit was $59.5M, a 20.6% margin (up 4.6 points year over year). Of the extra revenue versus Q1 FY26, 96% reached operating profit, above the 16% margin then. Operating expenses fell 11% while revenue rose 6%. The fastest-growing cost line was General & admin (+16%). Net earnings were $46.9M, up 33% year over year. The effective tax rate was 24.5%.
Operating cash flow was $49.3M (up 59% year over year), 105% of net earnings. Non-cash charges added back $6.5M of depreciation. Working capital and other items used $4.0M. Capital expenditures of $14.7M left free cash flow of $34.7M.
Questions
What was Buckle's revenue in the first quarter fiscal 2027?
Buckle (BKE) reported revenue of $289M for the first quarter fiscal 2027 (Q1 FY27), +6% from a year earlier and -28% from the quarter before.
Was Buckle profitable in the first quarter fiscal 2027?
Operating profit was $59.5M (20.6% of revenue) and net earnings $46.9M.
Source: Buckle 10-Q on SEC EDGAR.