What Five Below's Weak Q4 Guidance Means for Mutual Fund Investors (FIVE)
Shauna O'Brien Jan 09, 2015
Inside the News
The company reported net sales for the nine-week period ended January 3 of $230.7 million, a 24.5% increase from $185.3 million in the same period last year.
Comparable store sales rose 3.2% during this period.
Five Below now expects to see Q4 net sales between $262 million and $263 million. Net income is now expected to be between $32.5 million and 33 million. On a per share basis, EPS is expected to be between 59 and 60 cents. On average, analysts are expecting to see revenue of $265.75 million and 61 cents per share in earnings.
Investors Could Remain Cautious
Mutual Funds to Watch
|PRNHX||T. Rowe Price New Horizons||7.94%|
|SGROX||Wells Fargo Advantage Growth||5.76%|
|GGOAX||Goldman Sachs Growth Opportunities||3.54%|
The Bottom Line
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