Five Below (FIVE) Reports Strong Results and Guidance to Send Shares 6% Higher and Prompt Analysts to Hike PTs

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Five Below, Inc. Announces First Quarter Fiscal 2021 Financial Results

June 3, 2021 4:01 PM EDT

Net Sales increased 64% to $598 million and EPS increased 91% to $0.88 versus Q1 2019

Operating Profit grew over 2.5 times versus Q1 2019

PHILADELPHIA, PA, June 03, 2021 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the first quarter ended May 1, 2021. Given the lack of comparability to the first quarter of 2020, when the Company temporarily closed all of its stores due to COVID-19, results are also compared to the first quarter of 2019.

For the first quarter ended May 1, 2021:

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