Five Below Q2 sales jump 23%, EPS more than doubles; outlook raised
Five Below reported Q2 sales growth of 23% and EPS more than doubled, citing strong comparable sales, new store openings and trend-driven merchandising. The company raised its full-year outlook and authorized a new $600M share repurchase.
Q2 saw 23% sales growth and more than doubled EPS, driven by strong comp sales, new store openings, and trend-driven merchandising.
Full-year outlook was raised, with continued investments in store experience and digital marketing, and a new $600M share repurchase authorization.Based on Five Below…