Five Below shares fall sharply on Q1 results miss, lowered 2024 outlook

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Five Below, Inc. Announces First Quarter Fiscal 2024 Financial Results

June 5, 2024 4:01 PM EDT

Q1 Net Sales Increase of 11.8% to $811.9 million

GAAP Diluted EPS of $0.57; Adjusted Diluted EPS of $0.60

Updates Full Year 2024 Guidance

PHILADELPHIA, PA, June 05, 2024 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the first quarter ended May 4, 2024.

For the first quarter ended May 4, 2024:

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