earnings
confidence high
sentiment neutral
materiality 0.80
Five Below Q3 net sales +14.6% to $843.7M, comps +0.6%; GAAP EPS $0.03, adj $0.42; guides up
FIVE BELOW, INC
2024-Q3 EPS reported
$1.20
revenue$2,485,642,000
- Q3 net sales $843.7M (+14.6% YoY); comparable sales +0.6%; GAAP diluted EPS $0.03 (down from $0.26).
- Adjusted diluted EPS of $0.42, excluding retention awards and cost-optimization items.
- Opened 82 new stores in quarter; total 1,749 stores in 44 states (+18.1% YoY).
- Appointed Winnie Park CEO effective Dec 16, 2024; Ken Bull resumes COO; Tom Vellios remains Exec Chairman.
- Full year FY2024 guidance raised: net sales $3.84-3.87B, adj EPS $4.78-4.96 (prior not given).