Five Below says holiday sales jumped 21%

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Five Below Inc. said sales for the nine-week holiday period between Nov. 3, 2020 and Jan. 4, 2021 rose by 21.1% to $722.3 million, with comparable sales rising 10.1%. For the fourth-quarter, Five Below is guiding for sales of $835 million to $840 million, comparable sales growth of 11% and earnings per share of $2.08 to $2.12. The FactSet consensus is for sales of $825.2 million, comparable sales growth of 8% and EPS of $2.04. For the full year, the company is guiding for sales of $1.939 billion to $1.944 billion, a comparable sales decline of 6.5% and EPS of of $2.07 to $2.11. The FactSet consensus is for sales of $1.926 billion, a comparable sales decline of 4.6% and EPS of $2.03. Five Below shares closed Monday up 3.4% to $189, a record. The stock has rallied 56% over the last year, outpacing the benchmark S&P 500 index , which is up 16.5% for the period.
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