Five Below, Inc. (FIVE) Q1 2023 Earnings Call Transcript

Jun. 01, 2023 11:15 PM ETFive Below, Inc. (FIVE) StockFIVE
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Q1: 2023-06-01 Earnings Summary

EPS of $0.67 beats by $0.04
 | Revenue of $726.25M (13.55% Y/Y) misses by $1.80M

Five Below, Inc. (NASDAQ:FIVE) Q1 2023 Earnings Conference Call June 1, 2023 4:30 PM ET

Company Participants

Christiane Pelz - Vice President of Investor Relations & Treasury
Joel Anderson - President & Chief Executive Officer
Kenneth Bull - Chief Operating Officer & Chief Financial Officer

Conference Call Participants

Simeon Gutman - Morgan Stanley
Scot Ciccarelli - Truist
Matthew Boss - JPMorgan
David Bellinger - ROTH MKM
John Heinbockel - Guggenheim Securities
Edward Kelly - Wells Fargo
Jason Haas - Bank of America
Brian Nagel - Oppenheimer
Kate McShane - Goldman Sachs
Steve McManus - BNP Navis
Chuck Grom - Gordon Haskett
Krisztina Katai - Deutsche Bank

Operator

Good day and welcome to the Five Below First Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

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

Christiane Pelz

Thanks, Sarah and good afternoon, everyone. Thanks for joining us today for Five Below's first quarter 2023 financial results conference call. On today's call are Joel Anderson, President and Chief Executive Officer; and Ken Bull, Chief Operating Officer; 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 today are as of the date of this call and we do not undertake

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