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    Nancy Frohna

    Research Analyst at Frohna Investments

    Nancy Frohna is Chief Financial Officer, Chief Operating Officer, and Senior Research Analyst at 1492 Capital Management, specializing in research of companies within the Consumer and Financials sectors. With over 20 years of investment industry experience spanning credit analysis, mutual and hedge funds, and compliance, she covers a broad range of firms in these segments, though her specific company coverage and quantified performance metrics are not publicly disclosed. Frohna began her finance career after roles including Retail Finance Manager at Office Depot, joining 1492 Capital Management in December 2008 and rapidly advancing to executive leadership. She holds a B.B.A. in Accounting from the University of Wisconsin-Whitewater and an M.B.A. from the University of Chicago Booth School of Business, and she is both a CPA and CFA charter holder.

    Nancy Frohna's questions to BUCKLE (BKE) leadership

    Nancy Frohna's questions to BUCKLE (BKE) leadership • Q3 2024

    Question

    Nancy Frohna of Frohna Investments inquired about the quantifiable sales lift or benefits the company is observing from its store remodel and relocation projects, and the typical pace at which these benefits are realized.

    Answer

    Executive Dennis Nelson explained that providing a single, set number for sales lift is difficult as results vary. He indicated that updates to existing, well-performing stores could yield a low double-digit lift. For more significant projects, such as relocating a store from a traditional mall to an outdoor power center, the company could see a lift of low double-digits or better, depending on the store's prior performance and new positioning.

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