secwatch.observer — SEC 8-K summary
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Issuer:     FIVE BELOW, INC (FIVE)
CIK:        0001177609
Form:       8-K
Filed at:   2022-08-31T23:59:59+00:00
Accession:  0001177609-22-000021
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Below Q2 EPS $0.74, comp sales -5.8%; FY22 guidance lowered
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- Net sales $668.9M (+3.5% YoY); comparable sales -5.8%.
- Diluted EPS $0.74 vs $1.15 last year; operating income $56.0M vs $86.2M.
- FY22 guidance: net sales $2.97-3.02B, diluted EPS $4.26-4.56; Q3 EPS $0.08-0.19.
- Opened 27 new stores, total 1,252; plans 160 new stores for FY22.
- YTD repurchased 247,132 shares for $40.0M; CEO cites inflation impact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177609/000117760922000021/0001177609-22-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177609/000117760922000021/five-20220831.htm
  HTML page:      https://secwatch.observer/filing/0001177609-22-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer