Five Below, Inc. Announces Fourth Quarter and Fiscal 2020 Financial Results
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Five Below (FIVE) Tops Q4 EPS by 9c, Revenues Beat; Offers 1Q EPS/Revenues Guidance Above Consensus
March 17, 2021 4:04 PM EDTFive Below (NASDAQ: FIVE) reported Q4 EPS of $2.20, $0.09 better than the analyst estimate of $2.11. Revenue for the quarter came in at $858.5 million versus the consensus estimate of $838.26 million.
For the fourth quarter ended January 30, 2021:
Net sales increased by 24.9% to $858.5 million from $687.1 million in the fourth quarter of fiscal 2019; comparable sales increased by 13.8%.The Company opened 2 new stores and ended the quarter with 1,020 stores in 38 states. This represents an increase in stores of 13.3% from the end of the fourth quarter of fiscal 2019.Operating income increased by 17.7% to $169.6 million from $144.1... More