Shares of Five Below Inc. fell on Wednesday, after the teen-centric discount retailer offered up a full-year forecast that disappointed Wall Street. Read More...
Shares of Five Below Inc. fell in after-hours trading Wednesday, after the teen-centric discount retailer offered up a full-year forecast that disappointed Wall Street.
Five Below FIVE said it expected full-year sales of $3.49 billion to $3.59 billion, with the midpoint below FactSet forecasts for $3.58 billion. Executives said they expected the company to earn between $5.25 and $5.76 a share; the midpoint of that forecast was also below FactSet estimates for $5.65 a share.
Five…
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