earnings
confidence high
sentiment positive
materiality 0.85
Five Below Q3 net sales up 27.5% to $608M; comps +14.8%; EPS $0.43; guides Q4 EPS $2.36-$2.48
FIVE BELOW, INC
2021-Q3 EPS reported
$2.46
revenue$1,852,022,000
- Q3 net sales $607.6M (+27.5% YoY); comparable sales +14.8%; operating income $42.4M (+75% from $24.2M).
- Diluted EPS $0.43 vs $0.36 in Q3 2020; YTD EPS $2.46 vs loss of $0.01.
- Opened 52 new stores, ending Q3 with 1,173 stores in 40 states; 171 new stores planned for fiscal 2021.
- Q4 guidance: net sales $985M-$1,005M, EPS $2.36-$2.48; FY2021 EPS $4.82-$4.94 on ~56.4M diluted shares.
- Interest expense rose to $10.6M primarily due to write-down of an equity investment.