Company Earnings UpdateFive Below (FIVE) 2Q16 Results: Beats Estimates; Issues Mixed FY16 Guidance ANnd 3Q16 Guidance Below Consensus Coresight Research September 2, 2016 Executive Summary Five Below reported 2Q16 EPS of $0.18, up 38.7% year over year. The result beat the consensus estimate by a penny and was ahead of guidance of $0.16–$0.17. Revenues were $220.1 million, up 20.8% year over year and slightly above the consensus estimate of $219.6 million. Comparable-store sales increased by 3.1%, which was ahead of guidance of “about 3%” but below the consensus estimate of 3.4%. The company raised its full-year revenue guidance, but narrowed its full-year EPS guidance and offered 3Q16 guidance that was below consensus estimates. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Tariffs: Who Wins, Who Loses and What It Means for the EconomyAnalyst Corner: Is Shein’s Fashion Model a Template for Environmental Sustainability? with John MercerHigh-Income Consumers’ Economic Optimism at Five-Month Low; Holiday Shopping Accelerates: US Consumer Survey InsightsUS Beauty Retailing: Market Forecast and Competitive Landscape—From Rebound to Reinvention in 2026
