The Buckle Inc. (BKE) has disclosed a new risk, in the Natural and Human Disruptions category.
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The Buckle Inc. faces significant operational risks should global pandemics akin to COVID-19 recur, given its centralized facilities in Kearney, Nebraska, and additional office in Overland Park, Kansas. The company’s reliance on these sites for corporate administration, distribution, and fulfillment is vital for maintaining its e-commerce platform and network of 444 stores. Government-imposed restrictions in response to health crises could disrupt critical staffing and consumer spending, while also affecting the company’s supply chain. Consequently, such outbreaks pose a substantial threat to The Buckle Inc.’s financial stability and operational continuity.
The average BKE stock price target is $34.00, implying -10.53% downside potential.
To learn more about The Buckle Inc.’s risk factors, click here.
