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0.00530487424327526 0.00668663795793536 0.00230918055295498 0.00393184796854519 0.000686513137364945 0.00230918055295498 -0.00642825937714536 -0.0230293952443363
Stock impact report

Five Below Stock Surges as Strong Holiday Sales Power Results, Outlook [Yahoo! Finance]

Five Below, Inc. (FIVE) 
Last five below, inc. earnings: 3/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fivebelow.com/investor-relations
Company Research Source: Yahoo! Finance
The discount retailer beat fourth-quarter earnings and sales estimates, and issued a better-than-expected outlook. Five Below also plans to open 150 new stores this year. Five Below ( FIVE ) shares surged Thursday, a day after the discount retailer posted better-than-expected results and issued a rosy outlook as its holiday sales strategy paid off and it looked to open more locations. The company reported fourth-quarter adjusted earnings per share (EPS) of $3.48, with net sales up 4% year-over-year to $1.39 billion. Both exceeded Visible Alpha forecasts. Same-store sales fell 3%, a smaller decline than expected. COO Ken Bull said that the company was successful in its plan to go into the holiday season "with the goal of showcasing more newness with key trend-right, value product, while also improving our operational execution and in-store experience." The company sees full-year sales from $4.21 billion to $4.33 billion, with a midpoint higher than forecasts. Five Below also Show less Read more
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