Five Below Raises Outlook For First Quarter Of 2025

May 2 (Reuters) - Five Below Inc FIVE.O:

• FIVE BELOW ANNOUNCES PLANNED BOARD CHAIR TRANSITION FOLLOWING 2025 ANNUAL MEETING AND RAISES OUTLOOK FOR FIRST QUARTER OF 2025

• TOM VELLIOS TO TRANSITION TO ADVISORY ROLE AT FIVE BELOW

• Q1 ADJUSTED DILUTED INCOME PER SHARE EXPECTED BETWEEN $0.82 AND $0.84

• Q1 COMPARABLE SALES EXPECTED TO INCREASE APPROXIMATELY 6.7%

• RAISES Q1 FISCAL 2025 NET SALES GUIDANCE TO $967 MILLION

• Q1 EARNINGS PER SHARE VIEW $0.56, REVENUE VIEW $915.5 MILLION -- LSEG IBES DATA

• : MIKE DEVINE EXPECTED TO BE APPOINTED NON-EXECUTIVE CHAIR OF BOARD

Further company coverage: FIVE.O