Five Below (FIVE) Tops Q1 EPS by 1c, Revenues Miss; Guides Lower
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Five Below (FIVE) PT Lowered to $200 at Jefferies
June 9, 2022 9:13 AM EDTJefferies analyst Randal Konik lowered the price target on Five Below (NASDAQ: FIVE) to $200.00 (from $250.00) while maintaining a Buy rating following earnings.
The analyst commented, "Well-managed costs allowed FIVE to deliver in-line margins and EPS despite softer sales and comps in 1Q.... More
Five Below (FIVE) Drops on Q1 Miss, Lower Outlook
June 8, 2022 4:21 PM EDTFive Below (NASDAQ: FIVE) shares lost more than 6% after-hours following the companys reported Q1 results, with revenue of $639.6 million (up 7% year-over-year) coming in worse than the consensus estimate of $652.74 million. EPS was $0.59, better than the consensus estimates of $0.58.
While first quarter sales were softer... More
