Company Earnings Update 3 minutesRegister for Free Access

Five Below (NASDAQ: FIVE) 2Q19 Results: Revenues and Comps Miss Consensus; Adjusts Guidance

Executive Summary

  • Five Below reported 2Q19 revenues of $417.4 million, up 20.0% year over year and missing the $421.1 million consensus estimate. 
  • EPS was $0.51, up 14.8% year over year and beating the consensus estimate by one cent.
  • Comps increased 1.4%, missing the 2.7% consensus and down from 2.7% in the year-ago quarter.
  • The company guided for 2019 revenues of $1.87-1.89 billion, up 20-21% and in line with the $1.89 billion consensus, and guided for EPS of $3.08-3.19, up 16-20% and in line with the $3.16 consensus.

Please Login to read the full report. Not a member? Register for a free user account.