=Five Below (FIVE) reported earnings Thur 3 Dec 2015 (a/h)

** charts before earnings **




** charts after earnings **

Five Below beats by $0.01, beats on revs; guides Q4 EPS in-line, revs in-line; co-Founder David Schlessinger has decided to step down from the Board; Daniel Kaufman added to Board :

• Reports Q3 (Oct) earnings of $0.08 per share, $0.01 better than the Capital IQ Consensus of $0.07; revenues rose 23.0% year/year to $169.7 mln vs the $166.6 mln Capital IQ Consensus.
• Co issues in-line guidance for Q4 (Jan), sees EPS of $0.74-0.76 vs. $0.76 Capital IQ Consensus Estimate; sees Q4 revs of $318-323 mln vs. $320.2 mln Capital IQ Consensus Estimate. Guidance is based on +2-3% same store comp guidance.
• Comparable store sales for Q3 increased +4.8% vs prior guidance of +3-4%.
• Co announces that Co-Founder David Schlessinger has decided to step down from the Board of Directors to pursue personal interests. Co names Daniel Kaufman to its Board of Directors. Mr. Kaufman comes to the Five Below Board with more than 20 years of experience at high growth specialty retailers. Currently, he serves as Senior VP, General Counsel and Corporate Secretary of GameStop (GME).