Five Below holiday sales up 8.7% to $1.19B, comps down 3.2%; reiterates Q4/FY guidance

FIVE BELOW, INC

Net sales for Holiday Period (Nov 3-Jan 4) rose 8.7% to $1.19B from $1.10B.
Comparable sales decreased 3.2% during the same period.
Reiterates Q4 net sales guidance of $1.35B-$1.38B and EPS of $3.15-$3.33.
Full year net sales guidance of $3.84B-$3.87B; diluted EPS $4.34-$4.52.
CEO Winnie Park joined during holiday season; cites progress on product/value/store initiatives.

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