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Benzinga
Benzinga
Business
Adam Eckert

After-Hours Action: Why Five Below Stock Is Falling

Five Below Joel Anderson

Five Below Inc (NASDAQ:FIVE) shares are trading lower in Wednesday's after-hours session after the company reported mixed financial results and issued guidance below analyst estimates.

Five Below said fiscal first-quarter revenue increased 7% year-over-year to $639.6 million, which missed the estimate of $652.74 million, according to data from Benzinga Pro. The company reported quarterly earnings of 59 cents per share, which beat the estimate of 58 cents per share.

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