Recap: Five Below Q1 Earnings

Shares of Five Below FIVE moved higher in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 196.70% year over year to $0.88, which beat the estimate of $0.65.

Revenue of $597,823,000 up by 197.57% from the same period last year, which beat the estimate of $551,140,000.

Guidance

Q2 EPS expected to be between $1.01 and $1.13.

Q2 revenue expected between $640,000,000 and $660,000,000.

How To Listen To The Conference Call

Date: Jun 03, 2021

Time: 04:30 PM

ET Webcast URL: https://services.choruscall.com/mediaframe/webcast.html?webcastid=VNtDm5VB

Technicals

52-week high: $205.28

Company's 52-week low was at $96.61

Price action over last quarter: down 0.14%

Company Profile

Five Below is a value-oriented retailer that operated 1,020 stores in the United States as of the end of fiscal 2020. Catering to teen and preteen consumers, stores feature a wide variety of merchandise, the vast majority of which is priced at or below $6. The assortment focuses on discretionary items in several categories, particularly leisure (such as sporting goods, toys, and electronics; 47% of fiscal 2020 sales), fashion and home (for example, beauty products and accessories, home goods, and storage solutions; 36% of fiscal 2020 sales), and party and snack (including seasonal goods, candy, and beverages; 17% of fiscal 2020 sales). The chain had stores in 38 states as of the end of fiscal 2020.