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company declared declining eps on increasing revenue in the May to July 30 2022, where Revenue grew by 3.46 % to $
668.93 millions compared to $646.55 millions on a year-over-year basis, while income per share dropped by -35.65 % to $0.74 per share, income per share was $1.15 in the same period a year prior.
In the preceding reporting season FIVE realized Revenue of $639.60 millions and bottom line of $0.59 per share.
Net profits of $41.344 millions in the most recent fiscal period fell by -36.24 % from $64.841 millions in the corresponding period a year before. Five Below Inc shifted it's focus on improving sales in the most recent fiscal period, as a result net margin eased to 6.18%.
Operating earnings, fell -35% to $56.011 millions, squeezing Five Below Inc 's operating margin to %.
Five Below Inc is expected to report next financial results on March 29, 2023.
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