Five Below Q2 EPS $0.84 Beats $0.83 Estimate, Sales $759.00M Beat $758.59M Estimate
Portfolio Pulse from Bill Haddad
Five Below reported Q2 earnings of $0.84 per share, beating the analyst consensus estimate of $0.83 by 1.2%. This is a 13.51% increase from the same period last year. The company also reported quarterly sales of $759.00 million, beating the estimate of $758.59 million by 0.05%. This is a 13.47% increase from the same period last year.
August 30, 2023 | 8:02 pm
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POSITIVE IMPACT
Five Below's Q2 earnings and sales beat estimates, showing a YoY increase of 13.51% and 13.47% respectively.
Five Below's better-than-expected Q2 results, with both earnings and sales beating estimates and showing significant YoY growth, are likely to have a positive impact on its stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100