=Five Below (FIVE) reported earnings on Wed 6 June 2018 (a/h)

Five Below beats by $0.02, beats on revs; guides JulQ EPS above consensus, revs above consensus; guides FY19 EPS above consensus, revs in-line 

• Reports Q1 (Apr) earnings of $0.35 per share, excluding non-recurring items, $0.02 better thanthe Capital IQ Consensus of $0.33; revenues rose 27.2% year/year to $296.32 mln vs the $291.14 mln Capital IQ Consensus.
  • Same store comps +3.2% vs prior guidance of +3-4%.
• Co issues upside guidance for Q2, sees EPS of $0.36-0.38 vs. $0.34 Capital IQ Consensus Estimate; sees Q2 revs of $332-335 mln vs. $326.97 mln Capital IQ Consensus Estimate. Guides to flat comps.
• Co issues guidance for FY19, sees EPS of $2.42-2.48 vs. $2.41 Capital IQ Consensus Estimate; sees FY19 revs of $1.502-1.517 bln vs. $1.51 bln Capital IQ Consensus Estimate. Guides to comps +1-2%.