Five Below Stock Moves Higher On Q4 Earnings Beat

Five Below Inc (NASDAQ:FIVE) reported fourth-quarter financial results after the market close on Wednesday. Here’s a look at the key details from the retailer’s report.

Q4 Revenue: $1.391 billion, versus estimates of $1.386 billion

Q4 Adjusted EPS: $3.48, versus estimates of $3.38

Total revenue was up 4% year-over-year, while comparable sales decreased 3% year-over-year. The company reported operating income of $246.8 million in the fourth quarter.

Five Below opened 22 new stores in the quarter, bringing total locations up to 1,771 at the quarter’s end. The company ended the period with $331.72 million ...