12:17 pm Five Below's Q4 Results Come In Above What Was Expected; Issues Q1/FY16 Guidance
Five Below (FIVE 36.00, +3.78) is trading higher this afternoon by about 11.8% after the company reported fourth quarter results and issued guidance for the first quarter and fiscal year 2016 after the closing bell yesterday. FIVE reported Q4 earnings per share (EPS) of $0.61, which was better than expected on revenues of $263.7 million.
If you are not familiar with the name, FIVE is a chain of discount stores which sells products which cost no more than $5 apiece. The stock went public …More