Five Below (FIVE) Tops Q4 EPS by 3c; Will Not Provide Q1 or FY20 Guidance Due to COVID-19 Outbreak
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Five Below, Inc. Announces Fourth Quarter and Fiscal 2019 Financial Results
March 18, 2020 4:01 PM EDTQ4 net sales increased 14% to $687 million
Q4 EPS increased 24% to $1.97
PHILADELPHIA, PA, March 18, 2020 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the fourth quarter and full year of fiscal 2019 ended February 1, 2020.
For the fourth quarter ended February 1, 2020:
Net sales increased 14.0% to $687.1 million from $602.7 million in the fourth quarter of fiscal 2018; comparable sales decreased 2.2%The Company opened 6 new stores and ended the quarter with 900 stores in 36 states. This represents an increase in stores of 20.0% from the... More