The Most Important Number You Probably Missed in Five Below's Q3 Earnings Report
Five Below (NASDAQ: FIVE) reported fiscal third-quarter results on Dec. 1, and based on the 10% price pop that followed, the market was satisfied with the numbers. Sales of $608 million and earnings per share of $0.43 easily beat Wall Street's estimates, and both the top and bottom lines were up meaningfully from the prior-year period.
Although shareholders should certainly be happy with the results for the period, which ended Oct. 30, it's possible that many might have overlooked a key figure that was only mentioned once during the earnings call. It's a data point that speaks volumes about Five Below's future.
Image source: Five Below.
Source Fool.com