Categories AlphaGraphs, Consumer, Earnings, Retail
Infographic: Highlights of Five Below’s (FIVE) Q4 2021 earnings
Discount store chain Five Below Inc. (NASDAQ: FIVE) reported higher profit and net sales for the final three months of fiscal 2021. Fourth-quarter earnings exceeded the market’s prediction, while sales missed the estimates.
Net sales increased 16.1% year-over-year to $996.3 million in the fourth quarter, supported by a 3.4% growth in comparable-store sales, but the top-line fell short of expectations.
Net profit rose to $140.2 million or $2.49 per share from $123.9 million or $2.20 per share in the fourth quarter of 2020. Analysts had forecast a slower growth.
Read management/analysts’ comments on Five Below’s Q4 earnings
Shares of Five Below have declined 23% since the beginning of the year. The stock opened Wednesday’s session lower and continued to lose in the early trading hours.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
