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

Reuters
13 Jan

** Shares of discount store operator Five Below 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))

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