Five Below, Inc. (NASDAQ: FIVE) reported net sales of $726.2 million for the first quarter of 2023, up 13.5% from the same period a year ago. Comparable sales increased 2.7%.
Net income was $37.5 million, or $0.67 per share, compared to $32.7 million, or $0.59 per share, last year.
For the second quarter of 2023, net sales are expected to be $755-765 million and EPS is expected to be $0.80-0.85. Comparable sales are expected to increase 2-3% in Q2.
For the full year of 2023, net sales are expected to be $3.50-3.57 billion while EPS is expected to be $5.31-5.71. Comparable sales are expected to increase 1-3% for the year.
Prior performance
Most Popular
BLK Q4 Preview: BlackRock appears poised for another earnings beat
BlackRock, Inc. (NYSE: BLK), the largest asset management company, is expected to publish its fourth-quarter 2025 results next week. The update is expected to shed light on how the firm’s
A look at Best Buy’s (BBY) progress on its growth strategy
Shares of Best Buy Co., Inc. (NYSE: BBY) fell over 3% on Wednesday. The stock has dropped 17% over the past 12 months. The consumer electronics retailer delivered sales and
Citigroup set to report Q4 2025 earnings. Here’s what to expect
Citigroup Inc. (NYSE: C) has undergone a sweeping transformation in recent years, emerging as a more streamlined and profitable financial institution. The bank's performance in recent quarters has underscored the
