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

Salesforce Q3 2024 earnings increase on higher revenues, beat estimates

Customer relationship management platform Salesforce, Inc. (NYSE: CRM) reported higher earnings and revenues for the third quarter of 2024. Earnings also topped expectations. Third-quarter profit, excluding non-recurring items, increased to

AutoZone (AZO) to report Q1 2024 earnings next week. Here’s what to expect

Auto parts retailer AutoZone, Inc. (NYSE: AZO) is preparing to report first-quarter results next week, after delivering better-than-expected quarterly earnings consistently in recent years. Analysts forecast an increase in profit

Key takeaways from Hormel Foods’ (HRL) Q4 2023 earnings report

Shares of Hormel Foods Corporation (NYSE: HRL) were down over 4% on Wednesday after the company delivered fourth quarter 2023 earnings results that fell below expectations. The stock has dropped

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top