Categories AlphaGraphs, Consumer, Earnings

Infographic: Highlights of Five Below’s (FIVE) Q3 2022 earnings

Discount store chain Five Below Inc. (NASDAQ: FIVE) has reported lower profit for the third quarter of fiscal 2022, despite a 6% increase in sales. Comparable store sales declined by 2.7%.

Kroger Q3 2022 earnings infographic

Five Below’s net sales increased 6.2% year-over-year to $645.0 million in the third quarter when the company opened 40 new stores and ended the period with 1,292 outlets in 42 states. Comparable-store sales decreased by 2.7% during the three-month period.

Net profit declined to $16.1 million or $0.29 per share in the October quarter from $24.2 million or $0.43 per share in the third quarter of 2021. Ticket and transaction metrics improved throughout the quarter.


Read management/analysts’ comments on quarterly results


“We are continuing to play offense, and the progress we made across product, experience, and supply chain will all drive our holiday execution. With the completion of our five-node distribution network, we are set up to deliver products to our growing store base even more efficiently. As we look ahead, we are focused more than ever on delivering an exciting holiday assortment of extreme value products that promise to Wow our customers while also providing a fun shopping experience,” said Five Below’s CEO Joel Anderson.

Prior Performance

  • Five Below Q2 2022 earnings infographic
  • Five Below Q4 2021 earnings infographic
  • Five Below Q1 2022 earnings infographic

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

Most Popular

What to look for when Hormel Foods (HRL) reports Q4 2023 earnings

Shares of Hormel Foods Corporation (NYSE: HRL) were down over 1% on Monday. The stock has dropped 29% year-to-date. The food company is set to report its fourth quarter 2023 earnings

Kroger set to report Q3 results. Here’s everything you need to know

The Kroger Co. (NYSE: KR), a leading grocery retailer that operates both in-store and online, will be reporting earnings this week. The company, which is preparing to acquire rival retailer

Earnings Preview: Salesforce will likely deliver another strong quarter

Salesforce, Inc. (NYSE: CRM) achieved accelerated sales growth and profitability in recent quarters, in line with its transformation goal. The customer relationship management platform bets on new opportunities in generative

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