secwatch.observer — SEC 8-K summary
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Issuer:     FIVE BELOW, INC (FIVE)
CIK:        0001177609
Form:       8-K
Filed at:   2024-03-20T23:59:59+00:00
Accession:  0001177609-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Below Q4 EPS $3.65, net sales $1.34B; guides FY24 EPS $5.71-$6.22
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- Q4 net sales up 19.1% to $1.34B; comparable sales +3.1%; diluted EPS $3.65 (+19% YoY).
- Full year net sales $3.56B (+15.7%); diluted EPS $5.41; 204 net new stores opened in FY23.
- Higher-than-anticipated shrink headwinds offset profitability; no improvement baked into FY24 outlook.
- FY24 guidance: net sales $3.97-$4.07B; diluted EPS $5.71-$6.22; plans 225-235 new stores, ~200 Five Beyond conversions.
- Repurchased ~500,000 shares for $80.0M in fiscal 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177609/000117760924000005/0001177609-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177609/000117760924000005/five-20240320.htm
  HTML page:      https://secwatch.observer/filing/0001177609-24-000005

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