Five Below (FIVE), a retailer of discounted accessories for teens and preteens, hopes that strong holiday sales will keep its rebound on track.
Profit for the fiscal fourth quarter that ended in January is expected to rise 25% to 76 cents a share, which would mark the second straight healthy increase following a decline of 13% in Q2. Revenue is expected to rise 23%, matching the prior quarter’s gain. The company hasn’t yet announced a date for its earnings report.