Company Earnings Update 4 minutesRegister for Free Access

Five Below (FIVE) 2Q16 Results: Beats Estimates; Issues Mixed FY16 Guidance ANnd 3Q16 Guidance Below Consensus

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? Register for a free user account.