Five Below, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024
For the full year, the company expects net sales to be in the range of $3.97 billion to $4.07 billion based on opening between 225 and 235 new stores and assuming an approximate flat to 3% increase in comparable sales. Net income to be in the range of $318 million to $346 million. Diluted income per common share to be in the range of $5.71 to $6.22 on approximately 55.6 million diluted weighted average shares outstanding.