Categories AlphaGraphs, Consumer, Earnings

Infographic: Highlights of Five Below’s (FIVE) Q2 2022 earnings

Discount store chain Five Below Inc. (NASDAQ: FIVE) reported lower profit for the second quarter of fiscal 2022, despite an increase in sales. Both numbers missed analysts’ estimates.

Five Below Q2 2022 earnings infographic

Net sales increased 3.5% year-over-year to $668.9 million in the second quarter but fell short of expectations. Comparable-store sales decreased 5.8% during the three-month period.

Net profit declined to $41.3 million or $0.74 per share in the July quarter from $64.8 million or $1.15 per share in the second quarter of 2021. Analysts had forecast a slower decrease.

Read management/analysts’ comments on quarterly results

Shares of Five Below closed Wednesday’s session lower, extending the recent downturn. They dropped further in after-hours trading following the earnings announcement.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

MCD Earnings: McDonald’s comp sales up 12.6% in Q4; profit increases

Fast-food chain McDonald’s Corporation (NYSE: MCD) on Tuesday reported an increase in adjusted earnings for the fourth quarter of 2022 when its revenues remained broadly unchanged. The company said fourth-quarter

GM Earnings: All you need to know about General Motors Q4 2022 earnings results

General Motors Co. (NYSE: GM) reported fourth quarter 2022 earnings results today. Revenue increased 28.4% year-over-year to $43.1 billion. Net income attributable to stockholders increased 14.8% to $2 billion while EPS rose 19.8%

CAT Earnings: Highlights of Caterpillar’s Q4 2022 results

Construction-equipment manufacturer Caterpillar Inc. (NYSE: CAT) reported double-digit growth in fourth-quarter revenues and adjusted earnings. Adjusted net profit increased to $3.86 per share in the December quarter from $2.69 per

Add Comment
Viewing Highlight