These Analysts Slash Their Forecasts On Five Below After Q4 Results

Five Below, Inc. (NASDAQ:FIVE) reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates on Wednesday.

Five Below posted adjusted earnings of $3.48 per share, beating estimates of $3.38 per share. The company's sales came in at $1.391 billion versus expectations of $1.386 billion.

"It has been a busy three months at Five Below. We are executing our key strategies around product, value and store experience, and doing so with a sharpened focus on our core customer, the kid and the kid in all of us," said Winnie Park, CEO of Five Below.

Five Below expects first-quarter revenue to be ...