Company Earnings Update 3 minutesRegister for Free AccessFive Below (FIVE) 3Q16 Results: Overall Strong Performance; Comps Missed Expectations Coresight Research December 2, 2016 Executive Summary Five Below reported 3Q16 revenues of $199.5 million, up 17.6% from last year’s $169.7 million, and slightly below the consensus estimate of $200.7 million. EPS was $0.10, ahead of the $0.09 consensus estimate and up 25% year over year. Comps sales declined 0.2%, below consensus of 1.1%, driven by decreased comp transactions. The company attributed the comps decline to the strong performance of last year’s comp. For 4Q, Five Below raised the low end of sales guidance while keeping the high end unchanged compared to prior guidance. The company is expecting total sales in the range of $391 million to $397 million and EPS of $0.89–$0.92. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US CPG—Retail 2024 Sector Outlook: Volume Growth To Turn Positive as Inflation EasesChina Retail Insights: Countdown to Singles’ Day 2024, One Month To Go—Major Platforms Seek To Boost Growth by Supporting MerchantsLuxury Retailing: Home and Away—Three Learnings for Growth Across Global MarketsUS Apparel and Beauty Spending Tracker, June 2023: Clothing, Footwear and Beauty Spending Growth Up; Women’s and Girls’ Clothing Outperform