secwatch.observer — SEC 8-K summary
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Issuer:     FIVE BELOW, INC (FIVE)
CIK:        0001177609
Form:       8-K
Filed at:   2022-11-30T23:59:59+00:00
Accession:  0001177609-22-000027
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Below Q3 EPS $0.29 misses last year's $0.43; comp sales -2.7%; raises FY guidance
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- Q3 net sales $645M (+6.2% YoY); comparable sales -2.7% versus fiscal 2021.
- Diluted EPS $0.29 vs $0.43; operating income $20.9M, down from $42.4M.
- Raised FY2022 EPS guidance to $4.55-$4.71; net sales $3,038M-$3,063M.
- Q4 guidance: EPS $2.93-$3.09 on net sales $1,085M-$1,110M.
- Opened 40 new stores in Q3; total 1,292; repurchased $40M in shares YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177609/000117760922000027/0001177609-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177609/000117760922000027/five-20221130.htm
  HTML page:      https://secwatch.observer/filing/0001177609-22-000027

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