Executive Summary

• Five Below reported 3Q17 EPS of $0.18, up 79.9% from the year-ago quarter and beating the consensus estimate of $0.13. Revenues were $252.7 million, up 28.9% year over year and beating the consensus estimate of $246.0 million.
• Comps increased by 8.5% year over year, beating the consensus estimate of 4.4% growth.
• The company raised its full-year revenue guidance to $1.264–$1.276 billion from $1.236–$1.248 billion previously and raised its full-year EPS guidance to $1.72–$1.79 from $1.62–$1.66 previously.