Positive
Seeking Alpha
1 month ago
The Buckle Is Riding The Western Trend But Is Fully Priced Again
The Buckle, Inc. delivered strong Q2 '25 and 1H25 results, driven by the Western fashion trend, especially in women's denim. Despite positive comps and margin expansion, operating leverage was limited, raising questions about future profitability gains. BKE valuation appears fully priced, with a 15x P/E (ex-cash) and a 7% dividend yield, making upside less compelling.