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Five Below (FIVE) Tops Q2 EPS by 1c, Offers Q3 & FY Guidance

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Five Below, Inc. Announces Second Quarter Fiscal 2016 Financial Results

August 31, 2016 4:01 PM EDT

Q2 sales increased 21% to $220.1 million

Q2 EPS increased 38% to $0.18

Raises full year fiscal 2016 guidance

PHILADELPHIA, PA, Aug. 31, 2016 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the thirteen and twenty-six weeks ended July 30, 2016.

For the thirteen weeks ended July 30, 2016:

Net sales increased by 20.8% to $220.1 million from $182.2 million in the second quarter of fiscal 2015; comparable store sales increased by 3.1%.Operating income increased by 36.0% to $15.7 million from... More