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
Nike (NKE) looks set to beat hurdles and build a brighter future
Nike, Inc. (NYSE: NKE) has long been ruling the sportswear market but the company had its share of problems when headwinds like the pandemic and economic slowdown hit the business
Electronic Arts (EA): A few points to keep in mind if you have an eye on this gaming company
Shares of Electronic Arts Inc. (NASDAQ: EA) stayed green on Friday. The stock has dropped 7% over the past three months. The video game industry has been facing challenges as
Petros Pharma is focused on establishing mechanisms for Rx-to-OTC switch: CCO Fady Boctor
Petros Pharmaceuticals, Inc. (NASDAQ: PTPI) is a pharma company focused on identifying, developing, and commercializing therapeutics for men's health issues. It operates mainly through the business segments of Prescription Medications
