Investing.com - Five Below reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Five Below announced earnings per share of $0.74 on revenue of $668.93M. Analysts polled by Investing.com anticipated EPS of $0.7892 on revenue of $682.26M.
Five Below shares are down 38% from the beginning of the year and are trading at $127.88 , down-from-52-week-high.They are under-performing the Nasdaq which is down 24.47% from the start of the year.
Five Below follows other major Consumer Discretionary sector earnings this month
Five Below's report follows an earnings beat by Home Depot on August 16, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Alibaba ADR had beat expectations on August 4 with third quarter EPS of $11.73 on revenue of $205.56B, compared to forecast for EPS of $10.7 on revenue of $203.47B.
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