earnings
confidence high
sentiment negative
materiality 0.75
Five Below Q1 comparable sales fall 3.6%; EPS $0.59 vs $0.88; guides Q2 below Street
FIVE BELOW, INC
2022-Q1 EPS reported
$0.59
revenue$639,596,000
- Net sales $639.6M (+7.0% YoY); comparable sales -3.6% vs Q1 2021.
- Operating income $42.3M (from $63.7M); net income $32.7M (from $49.6M).
- Q2 FY2022 outlook: net sales $675-695M, EPS $0.74-$0.86; full-year EPS $4.85-$5.24.
- Opened 35 new stores in Q1; total 1,225 stores in 40 states (+12.7% YoY).
- CEO cites softer sales but disciplined cost management; macro environment remains challenging.