Five Below, Inc. Reports Sales Results for the Nine Weeks Ended January 4, 2014; Provides Earnings Guidance for the Fourth Quarter of Fiscal 2013
Based on this quarter-to-date performance, the company now expects net sales for the fourth quarter of fiscal 2013 to be in the range of $208 million to $210 million, comparable store sales to be in the range of -1.5% to -0.5% and GAAP net income to be in the range of $23.3 million to $24.3 million, with a GAAP diluted income per common share range of $0.43 to $0.45 on approximately 54.0 million estimated weighted average shares outstanding.