Five Below (FIVE) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -3.23%. A quarter ago, it was expected that this discount retailer would post earnings of $3.78 per share when it actually produced earnings of $3.65, delivering a surprise of -3.44%. Over the last four quarters, the ...

Joel Anderson, President and CEO of Five Below, said, "While our first quarter sales were disappointing, disciplined cost management enabled us to deliver adjusted EPS within our earnings outlook. Needs-based items such as those in our Candy, Food and Beauty departments outperformed expectations and drove positive sales results. We also saw positive comparable sales from our higher income customers; however, the macro environment disproportionately impacted our core lower income customers, resulting in over ...

Q1 Net Sales Increase of 11.8% to $811.9 million GAAP Diluted EPS of $0.57; Adjusted Diluted EPS of $0.60 Updates Full Year 2024 Guidance PHILADELPHIA, PA, June 05, 2024 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the first quarter ended May 4, 2024. For the first quarter ended May 4, 2024: Joel Anderson, President and CEO of Five Below, said, "While our first quarter sales were disappointing, disciplined cost management enabled us to deliver adjusted EPS within ...

Joel Anderson, President and CEO of Five Below, said, "While our first quarter sales were disappointing, disciplined cost management enabled us to deliver adjusted EPS within our earnings outlook. Needs-based items such as those in our Candy, Food and Beauty departments outperformed expectations and drove positive sales results. We also saw positive comparable sales from our higher income customers; however, the macro environment disproportionately impacted our core lower income customers, resulting in over ...

Five Below, Inc. (FIVE) is likely to register an increase in the top line when it reports first-quarter fiscal 2024 results on Jun 5 after the closing bell. The Zacks Consensus Estimate for revenues is pegged at $832.7 million, which suggests an improvement of 14.7% from the prior-year reported figure. Over the past seven days, the Zacks Consensus Estimate for first-quarter earnings per share has decreased by a penny to 63 cents. The figure indicates decline of 6% from the prior-year quarter. This extreme-v ...

This discount retailer is expected to post quarterly earnings of $0.63 per share in its upcoming report, which represents a year-over-year change of -6%. Revenues are expected to be $832.73 million, up 14.7% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 0.44% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. The ...

PHILADELPHIA, PA, May 15, 2024 (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 first quarter of fiscal 2024 will be released after market close on Wednesday, June 5, 2024. The company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 412-902-6753 appr ...

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A month has gone by since the last earnings report for Five Below (FIVE) . Shares have lost about 14% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Five Below due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Five Below Earnings and Sales Miss Estimates in Q4Five ...

Investors might not be familiar with this under-the-radar discount retailer.The Nasdaq Composite index might be in record territory thanks to its impressive run in the past 18 or so months. But that doesn't mean investors can't find compelling opportunities to take advantage of. Shares of Five Below (FIVE 0.41%) are currently down 24% this year (as of April 8). Despite the negative trend, investors might want to take a closer look at this growth stock. Should you buy this discount retailer on the dip?Disapp ...