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Company Earnings Update

Five Below (FIVE) 2Q17 Results: Beats on Revenues and EPS, Raises Guidance in Line with Consensus

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Coresight Research

Key Points

  • Five Below reported 2Q17 EPS of $0.30, up 69.3% from the year-ago quarter and beating the consensus estimate of $0.26. Revenues were $283.3 million, up 28.7% year over year and beating the consensus estimate of $276.6 million.
  • Comps increased by 9.3% year over year, compared with the consensus estimate of 6.7% and guidance of 5%–8%.
  • The company raised its FY17 revenue guidance to $1.236–$1.248 billion (versus $1.227–$1.242 billion previously), based on an expected 3.5%–4.5% increase in comps. Five Below raised its full-year EPS guidance to $1.62–$1.66 from $1.59–$1.64 previously.

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