Five Below shares are trading lower after the company issued Q3 EPS, Q3 revenue and FY23 EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Five Below has issued Q3 EPS, Q3 revenue and FY23 EPS guidance below estimates, leading to a decrease in its share price.
August 30, 2023 | 8:31 pm
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Five Below's shares are trading lower due to the company's lower than expected Q3 EPS, Q3 revenue and FY23 EPS guidance.
Five Below's shares are trading lower as the company has issued lower than expected guidance for Q3 EPS, Q3 revenue and FY23 EPS. This indicates that the company's financial performance may not meet market expectations, which negatively impacts investor sentiment and puts downward pressure on the stock price.
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RELEVANCE 100