Five Below Sees Q2 2023 Net Sales $755M-$765M Vs $768.22M Est
Portfolio Pulse from Benzinga Newsdesk
Five Below reported Q2 2023 net sales guidance of $755M-$765M, lower than the estimated $768.22M.
June 01, 2023 | 8:04 pm
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NEGATIVE IMPACT
Five Below's Q2 2023 net sales guidance is below estimates, potentially impacting its stock price.
Five Below's lower-than-expected Q2 2023 net sales guidance may lead to negative investor sentiment and a potential decline in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100