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Five Below Fiscal Q4 Earnings, Net Sales Rise; Issues Guidance; Shares Tumble After-Hours
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Five Below Fiscal Q4 Earnings, Net Sales Rise; Issues Guidance; Shares Tumble After-Hours
Mar 20, 2024 2:05 PM

04:34 PM EDT, 03/20/2024 (MT Newswires) -- Five Below ( FIVE ) reported fiscal Q4 earnings late Wednesday of $3.65 per diluted share, up from $3.07 a year earlier.

Analysts polled by Capital IQ expected $3.78.

Net sales for the quarter ended Feb. 3 was $1.34 billion, up from $1.12 billion a year earlier. Analysts surveyed by Capital IQ expected $1.35 billion.

The company said it expects fiscal Q1 EPS of $0.58 to $0.69 and net sales ranging from $826 million to $846 million. Analysts in a Capital IQ poll expect $0.77 and $851.5 million, respectively.

For fiscal 2024, it expects EPS of $5.71 to $6.22 and net sales in the range of $3.97 billion to $4.07 billion. Analyst in a Capital IQ survey expect $6.46 and $4.11 billion, respectively.

Five Below ( FIVE ) shares tumbled about 13% in after-hours activity.

Price: 181.5, Change: -27.47, Percent Change: -13.15

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