earnings
confidence high
sentiment positive
materiality 0.75
Five Below holiday sales up 20.6%; guides Q4 near high end of ranges
FIVE BELOW, INC
- Net sales for holiday period (Oct 31–Jan 1) $870.9M, +20.6% YoY; comparable sales +7.7%.
- Q4 FY2021 guidance raised to near high end: net sales $985M–$1,005M; EPS $2.36–$2.48.
- Full-year FY2021 guidance near high end: net sales $2,837M–$2,857M; EPS $4.82–$4.94.
- Two-year comparable sales growth for holiday period highest since IPO, per CEO.
- CEO noted broad-based strength, led by trend items like Squishmallows and sensory.