Buckle Inc

The fair values of these debt securities are based on quoted market prices and yields for the same or similar securities, which the Company determined to be Level 2 inputs.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

As the Company's leases do not provide an implicit interest rate, the Company obtains an incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

The Company uses its incremental borrowing rate as the discount rate to determine the present value of lease payments.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

The Company believes that existing cash, short-term investments, and cash flow from operations will be sufficient to fund current and long-term anticipated capital expenditures and working capital requirements for the next several years.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

The Company's cash receipts are generated from retail sales and from investment income, and the Company's primary ongoing cash requirements are for inventory, payroll, occupancy costs, dividend payments, new store expansion, remodeling, and other capital expenditures.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

The uses of cash for both twenty-six week periods primarily include payment of annual bonuses accrued at fiscal year end, inventory purchases, dividend payments, construction costs for new and remodeled stores, other capital expenditures, and purchases of investment securities.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

About Buckle Buckle is a specialty retailer focused on delivering exceptional service and style through unforgettable experiences.

SEC original ↗Buckle Inc — Earnings release (8-K exhibit)EX-99Aug 22, 2025

Cash Flow and Liquidity (working capital) Management reviews current cash and short-term investments along with cash flow from operating, investing, and financing activities to determine the Company s short-term cash needs for operations and expansion.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

The Company's cash receipts are generated from retail sales and from investment income, and the Company's primary ongoing cash requirements are for inventory, payroll, occupancy costs, dividend payments, new store expansion, remodeling, and other capital expenditures.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

Legal Proceedings 24 Item 1A.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

The current quarter gross margin increase was driven by an improvement in merchandise margins (1.10%, as a percentage of net sales), which benefited from tariff refunds received during the quarter (0.65%, as a percentage of net sales), partially offset by an increase in buying, distribution, and occupancy expenses (0.70%, as a percentage of net sales).

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

For the year-to-date period, gross margin reflected an increase in merchandise margins (0.55%, as a percentage of net sales), which benefited from tariff refunds received during the second quarter (0.35%, as a percentage of net sales), offset by an increase in buying, distribution, and occupancy expenses (0.55%, as a percentage of net sales).

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

The decrease was due to a 315 basis point impact from the recognition of a $19.1 million interchange fee litigation settlement during the first quarter of 2026, as disclosed in our 2025 Form 10-K.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

Future conditions, however, may reduce the availability of funds based upon factors such as a decrease in demand for the Company's product, change in product mix, competitive factors, and general economic conditions as well as other risks and uncertainties which would reduce the Company's sales, net profitability, and cash flows.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026

Based on management s review of the terms and conditions of its contractual obligations and commercial commitments, there is no known trend, demand, commitment, event, or uncertainty that is reasonably likely to occur which would have a material effect on the Company s financial condition, results of operations, or cash flows.

SEC original ↗Buckle Inc — 10-Q Quarterly report10-QSep 10, 2026