Five Below, Inc. (NASDAQ:FIVE) Q4 2024 Earnings Conference Call March 19, 2025 4:30 PM ET Company Participants Christiane Pelz - Vice President, Investor Relations & Treasury Winnie Park - Chief Executive Officer Ken Bull - Chief Operating Officer Kristy Chipman - Chief Financial Officer & Treasurer Conference Call Participants Kate McShane - Goldman Sachs Scot Ciccarelli - Truist Securities Michael Lasser - UBS John Heinbockel - Guggenheim Chuck Grom - Gordon Haskett Jeremy Hamblin - Craig-Hallum Capital G ...

Five Below (FIVE) came out with quarterly earnings of $3.48 per share, beating the Zacks Consensus Estimate of $3.38 per share. This compares to earnings of $3.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.96%. A quarter ago, it was expected that this discount retailer would post earnings of $0.16 per share when it actually produced earnings of $0.42, delivering a surprise of 162.50%.Over the last four quarters, the com ...

Financial Performance - Net sales increased by 7.8% to $1.39 billion for Q4 and by 10.4% to $3.88 billion for fiscal 2024, excluding the impact of the 53rd week in fiscal 2023[4][10] - Comparable sales decreased by 3.0% for Q4 and by 2.7% for fiscal 2024[4][10] - Operating income for Q4 was $246.8 million, down from $268.4 million in Q4 fiscal 2023; adjusted operating income decreased by 1.5%[4] - Net income for Q4 was $187.5 million, compared to $202.2 million in Q4 fiscal 2023; adjusted net income decreased by 0.7%[4] - Diluted income per common share was $3.39 for Q4, down from $3.65 in Q4 fiscal 2023; adjusted diluted income per common share was $3.48, a decrease of 0.6%[4] - Net income for the fifty-two weeks ended February 1, 2025, was $253,611, a decrease of 15.7% from $301,106 for the fifty-three weeks ended February 3, 2024[20] - Operating income for the thirteen weeks ended February 1, 2025, was $246,764, down 8.1% from $268,442 for the same period in 2024[22] - Basic income per common share for the thirteen weeks ended February 1, 2025, was $3.41, compared to $3.66 for the same period in 2024, representing a decline of 6.8%[18] Future Projections - For fiscal 2025, net sales are expected to be in the range of $4.21 billion to $4.33 billion, with approximately 150 new stores planned[10] - The company anticipates net income for fiscal 2025 to be between $216 million and $250 million, with adjusted net income expected between $227 million and $261 million[10] - Gross capital expenditures for fiscal 2025 are projected to be approximately $210 million to $230 million[10] Store Operations - The company opened 22 net new stores in Q4, bringing the total to 1,771 stores, a 14.7% increase year-over-year[4] Cash and Assets - Cash and cash equivalents at the end of the year were $331,718, an increase from $179,749 at the beginning of the year[20] - Total current assets increased to $1,351,367 as of February 1, 2025, compared to $1,203,542 as of February 3, 2024, marking a growth of 12.3%[16] Liabilities - Total liabilities rose to $2,531,247 as of February 1, 2025, compared to $2,287,081 as of February 3, 2024, indicating an increase of 10.7%[16] Cash Flow - The company reported a net cash provided by operating activities of $430,648 for the fifty-two weeks ended February 1, 2025, down from $499,619 in the previous year[20] Tax Rate - The effective tax rate for Q4 was 25.2%, compared to 25.8% in Q4 fiscal 2023[4] Adjusted Metrics - Adjusted gross profit for the fifty-two weeks ended February 1, 2025, was $1,378,776, up from $1,273,825 for the previous year, reflecting an 8.2% increase[21] - Adjusted diluted income per common share for the thirteen weeks ended February 1, 2025, was $3.48, compared to $3.65 for the same period in 2024[24]

GAAP Diluted EPS of $3.39 for Q4 and $4.60 for Fiscal 2024 Adjusted Diluted EPS of $3.48 for Q4 and $5.04 for Fiscal 2024 Net Sales Increase of 7.8% for Q4 and 10.4% for Fiscal 2024 ex the 53rd week A reconciliation of adjusted gross profit, adjusted operating income, adjusted net income, and adjusted diluted income per common share to the most directly comparable financial measure presented in accordance with accounting principles generally accepted in the United States ("GAAP") is set forth in the schedul ...

Five Below, Inc. FIVE will release its fourth-quarter financial results after the closing bell on Wednesday, March 19.Analysts expect the Philadelphia, Pennsylvania-based company to report quarterly earnings at $3.37 per share, down from $3.65 per share in the year-ago period. Five Below projects quarterly revenue of $1.39 billion, compared to $1.34 billion a year earlier, according to data from Benzinga Pro.The company has beaten analyst estimates for revenue in two straight quarters and six of the last 10 ...

The upcoming report from Five Below (FIVE) is expected to reveal quarterly earnings of $3.38 per share, indicating a decline of 7.4% compared to the year-ago period. Analysts forecast revenues of $1.38 billion, representing an increase of 3.1% year over year.The current level reflects an upward revision of 1.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Bef ...

PHILADELPHIA, PA, March 05, 2025 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ:FIVE), the trend-right, high-quality, extreme-value retailer for tweens, teens and beyond, today announced that its financial results for the fourth quarter and full year of fiscal 2024 will be released after market close on Wednesday, March 19, 2025. The company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call will be available online at investor.f ...

PHILADELPHIA, PA, March 05, 2025 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE), the trend-right, high-quality, extreme-value retailer for tweens, teens and beyond, today announced that its financial results for the fourth quarter and full year of fiscal 2024 will be released after market close on Wednesday, March 19, 2025. The company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call will be available online at investor. ...

Group 1 - Specialty retailer Five Below, Inc. has experienced a decline in net income and earnings for three consecutive quarters [1] - The share price of Five Below has dropped significantly from over $200 to below $100 within a year [1]

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