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Five Below Inc (NASDAQ:FIVE) reported fourth-quarter earnings after the market close on Wednesday. Here’s a rundown of the specialty retailer’s report.
- Five Below stock is showing upward bias. What’s next for FIVE stock?
Five Below Tops Estimates In Q4
Five Below reported fourth-quarter revenue of $1.73 billion, beating estimates of $1.70 billion, according to Benzinga Pro. The company posted adjusted earnings of $4.31 per share for the quarter, beating estimates of $3.98 per share.
Net sales increased 24.3% year-over-year as comparable sales grew by 15.4%. Five Below said it opened 14 net new stores and …
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