FIVE - Five Below Stock Falls On Q4 Results: Here's Why | Benzinga
Five Below, Inc. (NASDAQ:FIVE) reported its fourth-quarter financial results after the bell Wednesday. Here's a look at the print.
The Details:
Five Below reported quarterly earnings of $3.65 per share, up from $3.07 per share from the same period last year.
Quarterly revenue clocked in at $1.34 billion, up from $1.12 billion year-over-year.
The company reported it opened 63 net new stores and ended the quarter with 1,544 stores in 43 states. This represents an increase in stores of 15.2% from the end of the fourth quarter of fiscal 2022.
“Holiday 2023 marked a strong end to the year for sales performance as our amazing assortment ...