Five Below Posts Q2 EPS of $3.99, Beating Expectations
FIVE sits 76% above its 52-week low of $137.77.
Summary
Five Below reported Q2 EPS of $3.99, beating expectations. The company provided Q3 guidance of sales between $1.21B and $1.23B and EPS between $1.01 and $1.13. Five Below raised its full-year outlook to sales of $5.63B-$5.71B, EPS of $12.10-$12.58, and adjusted EPS of $9.83-$10.31. The strong results were driven by strong comparable growth, with Q2 sales beating estimates. The company has a market cap around $13.4B.
At the time of this announcement, FIVE was trading at $242.72 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $13.4B. The 52-week trading range was $137.77 to $263.88. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.