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Five Below reports 3% comp for Q2

Sep. 02, 2015 4:18 PM ETFive Below, Inc. (FIVE) StockBy: Clark Schultz, SA News Editor
  • Comparable-store sales rose 3.0% at Five Below (NASDAQ:FIVE) in Q2.
  • Operating income fell during the quarter due in part to costs tied to a new distribution center.
  • Sales were impacted by some testing around pulling a summer circular from its marketing rotation.
  • Guidance: Five Below expects full-year EPS of $1.03-$1.06 vs. $1.05 consensus.
  • Previously: Five Below EPS in-line, misses on revenue

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