Five Below, Inc. (NASDAQ:FIVE) specialty value retailer, is expected to report second quarter earnings results, after market close, on Wednesday 2nd September 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.14 per share from revenue of $ 405.83 million.
Looking ahead, the full year income are expected at $ 1.55 per share on the revenues of $ 1818.62 million.
Previous Quarter Performance
Five Below, Inc. unfold loss for the first quarter of $ 0.91 per share, from the revenue of $ 200.90 million. According to street consensus, FIVE was expected to report 1Q20 loss of $ 0.33 per share from revenue of $ 230.35 million. The bottom line results missed street analysts by $ 0.58 or 175.76 percent, at the same time, top line results fell short of analysts by $ 29.45 million or 12.78 percent.
Stock Performance
Shares of Five Below, Inc. traded up $ 3.69 or 3.37 percent on Tuesday, reaching $ 113.14 with volume of 714.10 thousand shares. The stock opened positive for the day at $ 109.95, after closing the previous day trading at $ 109.45.
According to the previous trading day, closing price of $ 109.45, representing a 130.28 % increase from the 52 week low of $ 47.53 and a 20.67 % decrease over the 52 week high of $ 137.97.
The company has a market capital of $ 6.31 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
Recent Analyst recommendations
- On 18th August 2020, maintained by Craig Hallum at Buy rating, with $ 145.00 target price.
Conference Call
Five Below, Inc. will be hosting a conference call at 4:30 PM eastern time on 2nd September 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, 412-902-6753 U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website 78449.choruscall.com/dataconf/productusers/five/mediaframe/39995/indexr.html
Five Below, Inc. operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, and related items, as well as provides storage options for the customers room.
