Five Below (FIVE) Misses Q1 EPS by 58c, Comps Decline 51.8%

Five Below (NASDAQ: FIVE) reported Q1 EPS of ($0.91), $0.58 worse than the analyst estimate of ($0.33). Revenue for the quarter came in at $200.9 million versus the consensus estimate of $230.35 million.

• comparable sales decreased by 51.8%.

Second Quarter and Fiscal 2020 Outlook:

Given the uncertainty related to COVID-19, the Company will not be providing sales or earnings guidance for the second quarter or fiscal 2020. The Company continues to expect to open 100 to 120 net new stores in 2020.

For earnings history and earnings-related data on Five Below (FIVE) click here.

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