Five Below, Inc. (FIVE) CEO Joel Anderson on Q1 2022 Results - Earnings Call Transcript

Jun. 08, 2022 10:52 PM ETFive Below, Inc. (FIVE) StockFIVE
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Q1: 2022-06-08 Earnings Summary

EPS of $0.59 beats by $0.01
 | Revenue of $639.60M (6.99% Y/Y) misses by $13.68M

Five Below, Inc. (NASDAQ:FIVE) Q1 2022 Earnings Conference Call June 8, 2022 4:30 PM ET

Company Participants

Christiane Pelz - VP, IR
Joel Anderson - President & CEO
Kenneth Bull - CFO

Conference Call Participants

Matthew Boss - JPMorgan
Simeon Gutman - Morgan Stanley
John Heinbockel - Guggenheim Partners
Paul Lejuez - Citi
Brian Nagel - Oppenheimer
Karen Short - Barclays
Edward Kelly - Wells Fargo
Michael Lasser - UBS
Chuck Grom - Gordon Haskett
Joe Feldman - Telsey Advisory
Jason Haas - Bank of America
Jeremy Hamblin - Craig-Hallum Capital Group
Michael Montani - Evercore ISI

Operator

Good day, and welcome to the Five Below First Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Christiane Pelz, Vice President of Investor Relations. Please go ahead.

Christiane Pelz

Thank you, Gary. Good afternoon, everyone, and thanks for joining us today for Five Below's first quarter 2022 financial results conference call. On today's call are Joel Anderson, President and Chief Executive Officer; and Ken Bull, Chief Financial Officer and Treasurer. After management has made their formal remarks, we will open the call to questions.

I need to remind you that certain comments made during this call may constitute forward-looking statements and are made pursuant to and within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 as amended. Such forward-looking statements are subject to both known and unknown risks and uncertainties that could cause actual results to differ materially from such statements.

Those risks and uncertainties are described in the press release and our SEC filings. The forward-looking statements made

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