Five Below (FIVE) Guidance Mildly Disappointing Says Analyst
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January 15, 2013 4:32 PM EST
Five Below, Inc. (Nasdaq: FIVE) today updated previously communicated fourth quarter sales and earnings guidance based on quarter-to-date results for the period from October 28, 2012 through January 12, 2013.
The Company announced that total sales for this eleven week period increased 34% to $158.5 million while comparable store sales for this period increased 4.2%.
Thomas Vellios, Co-Founder, President and CEO, stated: "Though our sales results for the quarter-to-date time period were impacted by the effects of Hurricane Sandy in the month of November, we saw improved trends in December and January and believe that customers responded favorably... More
January 15, 2013 4:20 PM EST
Recent IPO, Five Below (NASDAQ: FIVE) filed to offer 7 million common shares on behalf of selling shareholders.... More
