Assessing Five Below (FIVE) Ahead of Q1 Earnings Release

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 ...