We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Five Below (FIVE) Queues Up for Q4 Earnings: Factors to Know
Read MoreHide Full Article
Five Below, Inc. (FIVE - Free Report) is likely to register an increase in the top line when it reports fourth-quarter fiscal 2020 results on Mar 17, after the market closes. The Zacks Consensus Estimate for revenues is pegged at $839.7 million, suggesting an improvement of 22.2% from the prior-year reported figure.
Meanwhile, the Zacks Consensus Estimate for earnings for the quarter under review has been stable at $2.11 over the past 30 days. The figure indicates growth of 7.7% from the prior-year quarter.
Notably, this extreme-value retailer for tweens and teens has a trailing four-quarter earnings surprise of 46.9%, on average. In the last reported quarter, this Philadelphia, PA-based company’s bottom line surpassed the Zacks Consensus Estimate by a significant margin of 89.5%.
Factors to Note
Five Below’s fourth-quarter performance is likely to have benefited from the company’s digital strategy, expansion of supply chain network, enhancement of overall distribution capabilities and focus on merchandise assortment. The company has been adding more essential households and wellness products at compelling prices.
In spite of a challenging retail backdrop, Five Below posted sturdy holiday sales results that exceeded management’s expectations. The company highlighted that net sales for the holiday Period — from Nov 1, 2020 through Jan 2, 2021 — surged 21.1% to $722.3 million. Markedly, comparable sales for the holiday shopping season rose 10.1%.
Following impressive performance in the festive season, management guided fourth-quarter fiscal 2020 net sales between $835 million and $840 million. This suggests an improvement of 21.5-22.2% from the year-ago period. The company projected comparable sales growth of about 11% and earnings per share to be $2.08-$2.12 for the final quarter.
Clearly, aforementioned factors raise optimism about the outcome of the results. However, margins still remain an area to watch. Impact of costs associated with digital fulfilment and supply chain cannot be ruled out.
Five Below, Inc. Price, Consensus and EPS Surprise
Our proven model does not conclusively predict an earnings beat for Five Below this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.
Although Five Below carries a Zacks Rank #3, it has an Earnings ESP of -0.21%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks With Favorable Combination
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
American Outdoor Brands (AOUT - Free Report) has an Earnings ESP of +3.96% and a Zacks Rank #3.
Williams-Sonoma (WSM - Free Report) has an Earnings ESP of +1.37% and a Zacks Rank #3.
5G Revolution: 3 Stocks to Make Your Move
With super high data speed, it will make current cell phones obsolete and unlock the full potential of big data, cloud computing, and artificial intelligence. In the next few years this industry is predicted to create 22 million jobs and a stunning $12.3 trillion in revenue.
Today you have an historic chance to pursue almost unimaginable gains like Microsoft, Netflix, and Apple in their early phases. Zacks has released a Special Report that reveals our . . .
Image: Bigstock
Five Below (FIVE) Queues Up for Q4 Earnings: Factors to Know
Five Below, Inc. (FIVE - Free Report) is likely to register an increase in the top line when it reports fourth-quarter fiscal 2020 results on Mar 17, after the market closes. The Zacks Consensus Estimate for revenues is pegged at $839.7 million, suggesting an improvement of 22.2% from the prior-year reported figure.
Meanwhile, the Zacks Consensus Estimate for earnings for the quarter under review has been stable at $2.11 over the past 30 days. The figure indicates growth of 7.7% from the prior-year quarter.
Notably, this extreme-value retailer for tweens and teens has a trailing four-quarter earnings surprise of 46.9%, on average. In the last reported quarter, this Philadelphia, PA-based company’s bottom line surpassed the Zacks Consensus Estimate by a significant margin of 89.5%.
Factors to Note
Five Below’s fourth-quarter performance is likely to have benefited from the company’s digital strategy, expansion of supply chain network, enhancement of overall distribution capabilities and focus on merchandise assortment. The company has been adding more essential households and wellness products at compelling prices.
In spite of a challenging retail backdrop, Five Below posted sturdy holiday sales results that exceeded management’s expectations. The company highlighted that net sales for the holiday Period — from Nov 1, 2020 through Jan 2, 2021 — surged 21.1% to $722.3 million. Markedly, comparable sales for the holiday shopping season rose 10.1%.
Following impressive performance in the festive season, management guided fourth-quarter fiscal 2020 net sales between $835 million and $840 million. This suggests an improvement of 21.5-22.2% from the year-ago period. The company projected comparable sales growth of about 11% and earnings per share to be $2.08-$2.12 for the final quarter.
Clearly, aforementioned factors raise optimism about the outcome of the results. However, margins still remain an area to watch. Impact of costs associated with digital fulfilment and supply chain cannot be ruled out.
Five Below, Inc. Price, Consensus and EPS Surprise
Five Below, Inc. price-consensus-eps-surprise-chart | Five Below, Inc. Quote
What the Zacks Model Unveils
Our proven model does not conclusively predict an earnings beat for Five Below this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.
Although Five Below carries a Zacks Rank #3, it has an Earnings ESP of -0.21%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks With Favorable Combination
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Ollie's Bargain Outlet (OLLI - Free Report) has an Earnings ESP of +3.73% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
American Outdoor Brands (AOUT - Free Report) has an Earnings ESP of +3.96% and a Zacks Rank #3.
Williams-Sonoma (WSM - Free Report) has an Earnings ESP of +1.37% and a Zacks Rank #3.
5G Revolution: 3 Stocks to Make Your Move
With super high data speed, it will make current cell phones obsolete and unlock the full potential of big data, cloud computing, and artificial intelligence. In the next few years this industry is predicted to create 22 million jobs and a stunning $12.3 trillion in revenue.
Today you have an historic chance to pursue almost unimaginable gains like Microsoft, Netflix, and Apple in their early phases. Zacks has released a Special Report that reveals our . . .
Download now. Today the report is FREE >>