Five Below rises as co sees Q4 sales at upper end of forecast

Five Below

13/01/2025 14:08

** Shares of discount store operator Five Below  FIVE.O  up
~3% at $106 premarket
    ** Co expects to deliver Q4 sales in the upper half of its
forecast range of $1.35 bln to $1.38 bln
    ** FIVE's net sales rise 8.7% to $1.19 bln through Nov. 3,
2024, to Jan. 4, from the holiday period of 2023 
    ** Co maintains Q4 profit forecast of $3.23 to $3.41 per
share
    ** Co also reiterates annual sales and profit forecast
    ** FIVE fell about 51% in 2024
    

 (Reporting by Anuja Bharat Mistry in Bengaluru)
 ((AnujaBharat.Mistry@thomsonreuters.com))