Five Below, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results

Five Below (FIVE) PT Lowered to $210 at Citi

Citi analyst Paul Lejuez lowered the price target on Five Below (NASDAQ: FIVE) to $210.00 (from $227.00) while maintaining a Buy rating.

The analyst comments "4Q EPS $3.65 were below consensus $3.78 driven by lower GM vs cons due to higher expected shrink. After completing... More

Five Below (FIVE) PT Lowered to $220 at Telsey

Telsey analyst Joseph Feldman lowered the price target on Five Below (NASDAQ: FIVE) to $220.00 (from $230.00) while maintaining a Outperform rating.

The analyst comments "Five Belows 4Q23 earnings and guidance for 1Q24 and 2024 missed expectations, primarily due to higher-than-anticipated pressure from shrink. Like many retailers in our coverage, including Dollar General (DG; Outperform; PT=$170) and Target (TGT; Outperform; PT=$195), Five Below experienced higher shrink, especially... More

Five Below (FIVE) PT Lowered to $204 at Truist Securities

Truist Securities analyst Scot Ciccarelli lowered the price target on Five Below (NASDAQ: FIVE) to $204.00 (from $214.00) while maintaining a Buy rating.

The analyst comments "4Q comps were in-line with our revised forecast, driven by transactions/Five Beyond formats. However, EPS were below, as... More

Five Below (FIVE) PT Lowered to $215 at JPMorgan

JPMorgan analyst Matthew Boss lowered the price target on Five Below (NASDAQ: FIVE) to $215.00 (from $222.00) while maintaining a Overweight rating.

The analyst comments "FIVE reported 4Q EPS of $3.65 (below mgmts 1/8 ~$3.72-$3.80 guide) with +3.1% same-store-sales more/less in-line and the miss... More

Five Below (FIVE) down 12% as both Q4 results and guidance come short

Five Below (NASDAQ: FIVE) saw its shares tumble more than 12% in premarket trading Thursday after the chain of specialty discount stores reported below-consensus fiscal Q4 results and guidance.

For FQ4 2023, Five Below reported earnings per share (EPS) of $3.65, short of the consensus estimates of $3.78. The company's revenue for the quarter was reported at $1.34 billion, slightly below the analyst projection of $1.35 billion.

Looking ahead, Five Below provided its financial outlook for both the first quarter and the full year of 2025.

For the first quarter, it anticipates an EPS in the range of $0.58 to $0.69,... More

Five Below (FIVE) Misses Q4 EPS by 13c, Guidance Misses

Five Below (NASDAQ: FIVE) reported Q4 EPS of $3.65, $0.13 worse than the analyst estimate of $3.78. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.35 billion.

GUIDANCE:

Five Below sees Q1 2025 EPS of $0.58-$0.69, versus the consensus... More