=Five Below (FIVE) reported earnings on Wed 31 Aug 2016 (a/h)

Five Below beats by $0.01, reports revs in-line, comps +3.1%; guides OctQ EPS in-line, revs below consensus; guides FY17 EPS in-line, revs in-line :

• Reports Q2 (Jul) earnings of $0.18 per share, $0.01 better than the Capital IQ Consensus of $0.17 and above prior guidance of $0.16-0.17; revenues rose 20.8% year/year to $220.1 mln vs the $219.6 mln Capital IQ Consensus and above prior guidance of $216-219 mln.
• Co issues guidance for Q3 (Oct), sees EPS of $0.09-0.10 vs. $0.10 Capital IQ Consensus Estimate; sees Q3 revs of $199-202 mln vs. $203.9 mln Capital IQ Consensus Estimate.
• Co issues in-line guidance for FY17, sees EPS of $1.28-1.32 vs. $1.31 Capital IQ Consensus Estimate and vs prior guidance of $1.27-1.31; sees FY17 revs of $1.000-1.009 bln vs. $1.01 bln Capital IQ Consensus Estimate and vs prior guidance of $995 mln to $1.005 bln.
• JulQ comps were +3.1% vs prior guidance of +3%.
• Co guides to OctQ comps of +1-2% and full year comps of +3%.