Executive Summary

• Five Below reported 4Q16 revenues of $388.1 million, up 18.9% from $326.3 million in the year-ago period and slightly above the consensus estimate of $387.6 million. EPS was $0.90, ahead of the $0.89 consensus estimate and up 16.9% year over year.
• Comparable sales increased by 1%, which was in line with the consensus
  estimate.
• For 1Q17, the company expects sales of $228–$232 million. For the full year, the company expects sales of $1.21–$1.23 billion and for EPS to increase by 24%, to $1.55–$1.61.