Five Below (FIVE) will report Q1 earnings after the market closes (16:01 last quarter). There is a conference call scheduled at 16:30.
Current Capital IQ consensus calls for Q1 adj. EPS of $0.35 (vs $0.39 last year) on revs of $362.3 mln (+18% Y/Y). Comps estimate of 3.7%.
Current Q1 guidance calls for EPS of $0.32-0.35 on revs of $361-366 mln on comps of +3-4%
FIVE will provide Q2 guidance in the press release.
Current Capital IQ consensus calls for Q1 EPS of $0.49 (vs $0.45 last year) on revs of $421.1 mln (+17.4% Y/Y). Comps estimate of 3.6%.
FIVE may update its FY 20 outlook which calls for EPS of $3.00-3.07 on revs of $1.865-1.885 bln and comps of ~3%
Current Cap IQ consensus estimates FY 20 EPS of $3.06 (vs $2.66 last year) on revs of $1.89 bln (+17.5% Y/Y). Comps estimate of +3.2%.
Last quarter, FIVE reported an in-line quarter and provided downside guidance.
Same store comps in JanQ were +4.4% vs prior guidance of +3-4%. Full year comps were +3.9%.
2019's 3 strategic focuses:
Elevating the experience for customers and associates
Investing in associates as they hired Judy Werthauser to newly created position of Chief Experience Officer, cited her work at Domino's and Target
Testing redesigned front end- ‘reimagine self-check out/'additional impulse items'
Roll out formal multiyear store remodel program w/ ~50 stores
Delivering even better WOW products
Enhancing supply chain
FIVE has a $7 bln market cap and trades at a forward P/E of 44x vs other names such as OLLI (44x) and BIG (9.6x).
TRADE: FIVE JUN14 135C