15.03.2023 21:39:25

Five Below Inc. Q4 income increases in line with estimates

(RTTNews) - Five Below Inc. (FIVE) announced earnings for its fourth quarter that increased from the same period last year in line with the Street estimates.

The company's bottom line came in at $171.3 million, or $3.07 per share. This compares with $140.2 million, or $2.49 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $3.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.4% to $1.12 billion from $996.3 million last year.

Five Below Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $171.3 Mln. vs. $140.2 Mln. last year. -EPS (Q4): $3.07 vs. $2.49 last year. -Analyst Estimate: $3.07 -Revenue (Q4): $1.12 Bln vs. $996.3 Mln last year.

-Guidance: Next quarter EPS guidance: $0.59 - $0.65 Next quarter revenue guidance: $723-$735 mln

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