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Five Below   Net sales increased by 17.6% to $199.5 million

Five Below Q3 operating income increased by 23.4%

Five BelowFive Below announced financial results for the third quarter ended October 29, 2016.

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Net sales increased by 17.6% to $199.5 million from $169.7 million in the third quarter of fiscal 2015; comparable sales decreased by 0.2%.

Operating income increased by 23.4% to $8.6 million from $7.0 million in the third quarter of fiscal 2015.

Five Below opened 26 new stores and ended the quarter with 517 stores in 31 states. This represents an increase in stores of 19.1% from the end of the third quarter of fiscal 2015.

Net income was $5.4 million compared to $4.3 million in the third quarter of fiscal 2015.

Diluted income per common share was $0.10 compared to $0.08 per share in the third quarter of fiscal 2015.


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