Five Below (FIVE) Tops Q4 EPS by 1c
Five Below (NASDAQ: FIVE) reported Q4 EPS of $0.90, $0.01 better than the analyst estimate of $0.89. Revenue for the quarter came in at $388.1 million versus the consensus estimate of $387.63 million.
- Net sales increased 18.9% to $388.1 million from $326.4 million in the fourth quarter of fiscal 2015; comparable sales increased 1.0%.
- Operating income increased 17.1% to $78.9 million from $67.4 million in the fourth quarter of fiscal 2015.
- The Company opened 5 net new stores and ended the quarter with 522 stores in 31 states. This represents an increase of 19.5% from the end of the fourth quarter of fiscal 2015.
- Net income was $49.8 million, an increase of 18.5% compared to $42.0 million in the fourth quarter of fiscal 2015.
- Diluted income per common share was $0.90, an increase of 16.9% compared to $0.77 in the fourth quarter of fiscal 2015.
For earnings history and earnings-related data on Five Below (FIVE) click here.
