FIVE's fiscal fourth-quarter results reflect higher year-over-year sales. However, the gross margin declines 70 bps year over year to 40.5%.
Five Below, Inc. FIVE reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates on Wednesday.
Five Below has added a chief marketing officer (CMO) to promote the products it has added since beginning a reset of its business and to meet customers where they are: online.
Five Below (FIVE 2.03%), a retail chain known for selling products priced at $5 or less, released its results for its fiscal 2024 fourth quarter on March 19. Adjusted EPS of $3.48 outpaced analysts' expectations of $3.38, while revenue of $1.39 billion marginally exceeded estimates of $1.38 billion.
Five Below, Inc. (NASDAQ:FIVE ) Q4 2024 Earnings Conference Call March 19, 2025 4:30 PM ET Company Participants Christiane Pelz - Vice President, Investor Relations & Treasury Winnie Park - Chief Executive Officer Ken Bull - Chief Operating Officer Kristy Chipman - Chief Financial Officer & Treasurer Conference Call Participants Kate McShane - Goldman Sachs Scot Ciccarelli - Truist Securities Michael Lasser - UBS John Heinbockel - Guggenheim Chuck Grom - Gordon Haskett Jeremy Hamblin - Craig-Hallum Capital Group Matthew Boss - JPMorgan Simeon Gutman - Morgan Stanley Karen Short - Melius Research Joe Feldman - Telsey Advisory Group Brad Thomas - KeyBanc Capital Markets Krisztina Katai - Deutsche Bank David Bellinger - Mizuho Operator Good day, and welcome to the Five Below Fourth Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
While the top- and bottom-line numbers for Five Below (FIVE) give a sense of how the business performed in the quarter ended January 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Five Below (FIVE) came out with quarterly earnings of $3.48 per share, beating the Zacks Consensus Estimate of $3.38 per share. This compares to earnings of $3.65 per share a year ago.
Teen-focused discount retailer Five Below Inc. on Wednesday offered up a mixed full-year forecast, but expectations for the year's first quarter were a bit more upbeat.
Five Below, Inc. FIVE will release its fourth-quarter financial results after the closing bell on Wednesday, March 19.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Five Below (FIVE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended January 2025.
Five Below, Inc. has seen declining net income and earnings for three quarters, but the deeper share price drop suggests external issues. The company is refocusing and preparing for potential tariffs, with a new CEO bringing extensive retail experience to the table. Despite revenue growth from new stores, net income and earnings have declined, leading to a Hold rating with a one-year price target of $99.60.
Five Below has shown rapid growth but faces challenges with weak comparable store sales and declining profitability, leading me to maintain a 'hold' rating. Despite a 14.6% revenue increase driven by store expansion, net profits dropped significantly due to higher costs and expenses. Analysts expect continued revenue growth but declining profitability, with potential for an upgrade if future results exceed expectations.