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Five Below (FIVE)
NASDAQ:FIVE
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Earnings Data
Report Date
Mar 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$3.37Last Year’s EPS
$3.65Same Quarter Last Year
Based on 20 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 04, 2024
|% Change Since: 1.06%
|Next Earnings Date:Mar 26, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive outlook for Five Below, with strong sales growth, successful store expansion, and the promising performance of the Five Beyond format. However, challenges such as a decrease in gross margin and operating income were noted. The company remains well-positioned financially for future growth.Company Guidance
During the Five Below third quarter 2023 earnings call, the company reported strong financial performance, exceeding its guidance on sales, comparable sales (comps), and earnings. The third quarter saw a sales growth of over 14% to $736 million and a 2.5% increase in comp sales, driven by a 3% rise in transactions. The company opened a record 74 new stores, contributing to a total of 1,481 stores, and continued to convert locations to the new Five Beyond format, which now represents about 50% of the comparable store base. Five Below achieved diluted earnings per share of $0.26, surpassing the high end of its guidance by $0.01. Looking ahead, the company provided guidance for the fourth quarter, anticipating net sales of $1.32 billion to $1.35 billion, a 17.6% to 20.2% increase, with comp sales expected to rise between 2% and 3%. For the full fiscal year 2023, Five Below raised the lower end of its sales expectations to $3.54 billion, maintaining the high end at $3.57 billion, with an anticipated comp sales increase of approximately 2.5%.Record Store Expansion
Opened a record 74 new stores in Q3 2023, marking a significant expansion across 31 states, with a plan to open over 200 stores for the year.
Sales Growth
Sales increased by 14.2% to $736 million with a 2.5% increase in comparable sales, driven by a 3% rise in comp transactions.
Five Beyond Format Success
Approximately 50% of the comparable store base is now in the Five Beyond format, achieving mid-single-digit comp outperformance in the first year post conversion.
Strong Financial Position
Ended Q3 with $163 million in cash and no debt, positioning well for future growth.
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FIVE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FIVE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 04, 2024 | $104.97 | $115.97 | +10.48% |
| Aug 28, 2024 | $78.94 | $78.24 | -0.89% |
| Jun 05, 2024 | $132.79 | $118.72 | -10.60% |
| Mar 20, 2024 | $208.97 | $176.79 | -15.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Five Below (FIVE) report earnings?
Five Below (FIVE) is schdueled to report earning on Mar 26, 2025, TBA Not Confirmed.
What is Five Below (FIVE) earnings time?
Five Below (FIVE) earnings time is at Mar 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FIVE EPS forecast?
FIVE EPS forecast for the fiscal quarter 2024 (Q4) is $3.37.
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