Five Below rises on upbeat annual forecast, quarterly results

Shares of discount retailer Five Below FIVE.O up 2.5% at $167.25 after the bell

Co raises annual forecast, reports quarterly results beat on demand for discount goods among budget-conscious consumers amid macroeconomic uncertainty

FIVE now sees fiscal 2025 net sales in the range of $4.62 billion to $4.65 billion, compared to the previous $4.44 billion to $4.52 billion expectation

Sees annual adjusted EPS between $5.71 and $5.89 vs. prior $4.76 to $5.16 forecast

Q3 net sales of $1.04 billion beat estimates of $980.1 million, adj. EPS of 68 cents beat expectations of 24 cents — data compiled by LSEG

Stock has risen 55.4% YTD