The Traderszone Network

Published in TZ Latest News 20 March, 2017 by The TZ Newswire Staff

Five Below Stock Has a Lot to Prove on Wednesday

One of the last retailers to chime in on the seasonally potent holiday-containing quarter steps up this week. Trendy discounter Five Below (NASDAQ: FIVE) reports its fiscal fourth-quarter results on Wednesday, shortly after the market close. 

Analysts are holding out for another period of healthy growth. They’re targeting a profit of $0.89 a share, up from the $0.77 it served up during the prior year’s holiday quarter. Wall Street pros also see $387.7 million in net sales for the quarter, 18.9% more than it rang up a year earlier.

read more