secwatch.observer — SEC 8-K summary
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Issuer:     FIVE BELOW, INC (FIVE)
CIK:        0001177609
Form:       8-K
Filed at:   2024-12-04T23:59:59+00:00
Accession:  0001177609-24-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Below Q3 net sales +14.6% to $843.7M, comps +0.6%; GAAP EPS $0.03, adj $0.42; guides up
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177609/000117760924000029/0001177609-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177609/000117760924000029/five-20241204.htm
  HTML page:      https://secwatch.observer/filing/0001177609-24-000029

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