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Five Below Stock Drops After Q1 Results: Here's Why

Five Below, Inc. (NASDAQ:FIVE) shares are down after the company reported its first-quarter financial results Wednesday. Here's a look at the details in the report. The Details: Five Below reported quarterly earnings of 60 cents per share which missed the analyst consensus estimate of 63 cents by 4.76% and represents a 10.45% decrease from the same period last year. The company reported quarterly sales of $811.86 million which missed the analyst consensus estimate of $836.97 million by 3% and represents an 11.79% increase over sales of $726.25 million from the prior year’s period. Five Below ...